Forex Focus — Jul 12, 2026, 21:00 UTC

Transcript

Fed minutes reveal significant policy uncertainty, pausing major FX moves. The Dollar Index holds steady, reflecting this market indecision. EUR/USD sits precisely at 1.1422, showing zero movement today. Traders are digesting the Fed's debate on a June rate hike. This suggests potential dovish undertones. For an exotic perspective, USD/JPY remains at 161.79. Japan's government grapples with yen support, implying high intervention risk. Central bank watch: The Fed's minutes clearly showed officials debated a June rate hike. This revealed significant policy uncertainty. The ECB offered no new guidance. The Bank of Japan focuses on bond market stability. For tomorrow, EUR/USD key support is 1.1400, a 22-pip distance. Resistance sits at 1.1450, 28 pips higher. USD/JPY finds support near 161.50, with resistance at 162.00. That's your Forex Focus on rawfin.tv.