After trading marginally up during the European session, the U.S. dollar turned weak and stayed subdued through much of the day's session on Friday with investors continuing to assess the outlook for interest rates.
Data from the Labor Department showed a modest downward revision to consumer price growth in December. The revised data showed the consumer price index rose by 0.2% in December compared to the previously reported 0.3% increase.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.