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Forex Focus — Jun 12, 2026, 22:00 UTC
Good morning traders. The Dollar Index saw muted action. Geopolitical de-escalation per President Trump's reversal on military action likely tempered safe-haven demand. This occurred despite 'Extreme Fear' at 12. EUR USD held steady at 1.1551 showing negligible pip movement.
Key takeaways
- This occurred despite 'Extreme Fear' at 12.
- EUR USD held steady at 1.1551 showing negligible pip movement.
- For EUR USD tomorrow monitor support at 1.1520.
Transcript
Good morning traders. The Dollar Index saw muted action. Geopolitical de-escalation per President Trump's reversal on military action likely tempered safe-haven demand. This occurred despite 'Extreme Fear' at 12. EUR USD held steady at 1.1551 showing negligible pip movement. The pair remains range-bound awaiting fresh catalysts. Some exotic pairs showed unusual volatility. Carry trade unwinds were noted in riskier assets despite broader market optimism. The Bank of Korea signaled a timely interest rate hike. This offers a hawkish counterpoint. Major central banks including the Fed ECB and BOJ were quiet on policy today. For EUR USD tomorrow monitor support at 1.1520. Resistance sits at 1.1580. These levels a thirty-one and twenty-nine pip move respectively are key. Stay ahead with rawfin.tv for your daily
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