Forex Focus — Jul 12, 2026, 09:00 UTC

Transcript

The Dollar Index holds firm, despite Fed minutes revealing policy uncertainty. The DXY shows remarkable resilience, seeing zero movement today. EUR/USD trades precisely at 1.1422, a striking 0.00% change. The market digests mixed signals, keeping the pair range-bound. Yesterday's Federal Reserve minutes revealed significant policy uncertainty. Officials debated a June rate hike, citing inflation concerns. This hawkish lean is tempered by broader ambiguity. Japan grapples with yen support. The BOJ balances intervention against bond market stability. USD/JPY remains flat at 161.79, signaling caution. Major FX pairs like GBP/USD at 1.3406 and AUD/USD at 0.6951 show similar stillness. Traders await definitive central bank guidance. Gold and crude oil dipped -65 and -93 basis points respectively. This calm may precede next week's volatility. Stay sharp. For more precise analysis, keep it locked on rawfin.tv.