TSX:ASM 26 January 2026

June 10, 2026, 5:59 PM EDT. The dollar index rose slightly by 0.06% on Wednesday, recovering from early losses. A more than 2% surge in WTI crude oil prices raised inflation expectations, supporting the U.S. dollar amid concerns over potential Federal Reserve monetary tightening. The U.S. May Consumer Price Index matched forecasts, with inflation still at a three-year high. Concurrently, geopolitical tensions between the U.S. and Iran increased safe-haven demand for the dollar. In Europe, the euro gained modestly amid expectations of a European Central Bank interest rate hike, though oil price gains restricted upside. The Japanese yen fell to a five-week low against the dollar, pressured by rising crude prices and U.S. Treasury yields, despite hawkish signals from Japan's producer price data and central bank.