The U.S. dollar firmed up against its rivals on Wednesday, rebounding from losses posted a session earlier, amid optimism about economic recovery.
The trend in U.S. Treasury yields and the economic impact of stricter lockdown measures on the euro area economy impacted the movements of currencies.
According to a report released by the Labor Department Wednesday morning, U.S. consumer prices increased in line with economist estimates in the month of December.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.