Forex Focus — Jul 12, 2026, 01:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv! The Dollar Index is holding steady today. Fed minutes revealed significant policy uncertainty. Officials debated a June rate hike amid inflation concerns. This kept DXY flat despite hawkish undertones. EUR/USD sits precisely at 1.1422, showing zero movement. Traders are digesting the Fed's cautious stance. Support holds at 1.1400; resistance targets 1.1450. Across the Pacific, Japan grapples with yen support. The BOJ balances yen stability with bond market calm. USD/JPY remains elevated at 161.79. Watch 161.50 as key support. While majors consolidate, some exotics show divergence. USD/TRY, for instance, exhibits continued pressure. This reflects broader emerging market sentiment. For tomorrow, expect DXY to react to any new Fed commentary. Keep an eye on the 10-year Treasury yield for direction. That's your Forex Focus for today on rawfin.tv.