Forex Focus — Jul 12, 2026, 01:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv. The DXY saw a muted reaction today. Fed minutes revealed "significant uncertainty" on the monetary policy path. Officials "debated a June rate hike" amid inflation concerns. This dovish sentiment could pressure the dollar. EUR/USD trades flat at 1.1422. It holds steady, awaiting clearer signals. USD/JPY sits at 161.79. Japan "grapples with yen support" versus bond market stability. This tension remains a key driver for JPY pairs. Geopolitical headlines are driving unusual volatility. Emerging market FX saw carry trades unwound. Zelenskiy's call for expedited arms deliveries fuels risk aversion. Central banks are in focus. The Fed's minutes showed debate on a June hike. BOJ's balancing act is critical. For tomorrow, watch 1.1400 support on EUR/USD. Resistance for USD/JPY sits near 162.00. Stay tuned for more market insights right here on rawfin.tv.