Forex Focus — Oct 11, 2026, 09:00 UTC

Transcript

India's RBI is intensifying its rupee defense. This aggressive intervention highlights emerging market FX volatility. The Dollar Index sees marginal strength today. DXY consolidates on mixed Fed signals. Fed minutes indicated further rate hikes. This keeps dollar bulls cautious. EUR/USD trades flat at 1.1205. It's holding a tight 1-pip range. Traders await clearer directional catalysts. For exotics, USD/INR shows unusual volatility. The RBI's actions are driving this. They broaden defense strategies. This raises questions on commitment. Tomorrow, watch EUR/USD support at 1.1180, roughly 25 pips lower. Resistance sits around 1.1230, about 25 pips higher. These are key levels for price action. The Fed's hawkish tone persists. ECB and BOJ remained silent this week. We'll monitor their upcoming commentary. Stay sharp, stay informed, only on rawfin.tv.