Forex Focus — Apr 12, 2026, 09:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv! The DXY remains robust today driven by strong fundamentals. Breaking news of accelerating US inflation with consumer prices seeing their largest increase in nearly four years firmly supports the dollar. This solidifies a hawkish Fed outlook driving safe-haven flows. EUR USD trades near 1.1716 facing downward pressure. Divergent central bank policies are the key catalyst. The Fed's hawkish stance contrasts with a relatively more cautious ECB. Watch for unusual volatility in USD TRY. Geopolitical tensions specifically the Hormuz blockade threat are fueling significant risk aversion. This pushed USD TRY up over 150 pips today. Central bank watch The Fed's hawkish tone solidified after inflation surged potentially delaying rate cuts by 25 basis points. The ECB remains cautious. The BOJ faces immense pressure with USD JPY hovering at 159.22. Intervention fears persist. For tomorrow watch EUR USD support at 1.1700. Resistance is firm at 1.1750. That's your Forex