The U.S. dollar is turning in a mixed performance on Friday with traders weighing the recent monetary policy announcements from the Federal Reserve and the Bank of England.
Traders also digested the most recent economic data and continuing to react to the developments on the geopolitical front.
The dollar index climbed to 98.62 but retreated gradually to 98.21. Still, it remains firmly up above the flat line, gaining about 0.25%.
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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.