Forex Focus — Jul 13, 2026, 09:00 UTC

Transcript

Crude Oil surged 2.18% today, hitting $72.97 a barrel. This move reflects escalating US-Iran tensions, as Hormuz traffic slows. The Dollar Index strengthened, with the DXY advancing on broad risk-off sentiment. Driving this was the Federal Reserve's minutes, revealing significant monetary policy path uncertainty. EUR/USD declined 0.15%, dropping 17 pips to 1.1405. The pair remains pressured by a hawkish dollar bias and relative ECB dovishness. USD/JPY exhibited unusual volatility, rising 6 pips to 161.88. This reflects Japan's delicate balance between yen support and bond market stability, a key BOJ challenge. The carry trade remains attractive. For tomorrow, monitor EUR/USD support at 1.1380, with resistance at 1.1420. USD/JPY faces resistance near 162.20, with support at 161.50. Stay sharp. Stay informed. Only on rawfin.tv.