The U.S. dollar turned in a mixed performance against its major counterparts on Wednesday, reacting to the latest batch of economic data from major countries.
Markets were awaiting details of U.S. President Joe Biden's infrastructure plan to be announced in a speech later today in Pittsburgh.
The Washington Post reports the first part of Biden's infrastructure package could cost $2.25 trillion, with the focus on physical infrastructure, housing, clean energy and manufacturing, among other areas.
For comments and feedback contact: editorial@rttnews.com
Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.