Forex Focus — Jul 20, 2026, 11:00 UTC

Transcript

AUD/USD dropped 12 pips to 0.6975, reflecting broad dollar strength. The Dollar Index is firmly bid today. Geopolitical tensions from US airstrikes on Iran fuel safe-haven demand. Fed Governor Jefferson reaffirmed the 2% inflation target. He warned policy may shift if inflation persists. This hawkish tone underpins the dollar. EUR/USD trades at 1.1428, down 6 pips. It remains pressured by the robust dollar. The market anticipates prolonged higher US rates. USD/JPY pushed to 162.49, gaining 6 pips. The Fed's stance contrasts sharply with the BOJ's dovishness. Emerging market currencies show increased volatility. The Fear & Greed Index at 29 signals risk-off sentiment. This could unwind carry trades. For EUR/USD, watch 1.1400 as key support. Resistance sits at 1.1450. USD/JPY eyes 163.00 resistance tomorrow. Support is found at 162.00. Stay informed with rawfin.tv.