The U.S. dollar slid against other major currencies after the Federal Reserve announced its monetary policy statement Wednesday afternoon.
The dollar index, which was up at 91.13 in early Asian session, fell into the red around mid morning, and despite moving up after a near two-hour struggle, dropped again after the Fed left interest rates unchanged.
The dollar index, was lost seen at 90.60, down 0.33% from previous close.
For comments and feedback contact: editorial@rttnews.com
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.