FXStreet Forex
12 Jun 2026, 18:20 GMT
MEDIUM IMPACT
EUR/USD fluctuates between modest gains and losses heading into the weekend as traders await Tehran's decision on a possible agreement with the United States (US) to end the war in the Middle East. At the time of writing, the pair trades around 1.1573 and is on track to post modest weekly gains.
FXStreet Forex
12 Jun 2026, 15:23 GMT
MEDIUM IMPACT
Nomura’s European Economics team, led by Andrzej Szczepaniak and colleagues, notes that the ECB delivered a 25bp hike to a 2.25% depo rate and unveiled more hawkish forecasts.
ForexLive
12 Jun 2026, 15:04 GMT
HIGH IMPACT
Prior was 48.2Current conditions 48.4 vs 46.2 expected (prior was 45.8)Expectations 49.3 vs 44.3 expected (prior was 44.1)1-year inflation 4.6% vs 4.8% prior5-year inflation 3.4% vs 3.9% priorI don't know why anyone cares about this report at this point. It's been in the doldrums forever and hasn't predicted any slowdown in consumer spending. It's highly split on political lines and it tripped up the FOMC a few years ago with an illusory jump in inflation expectations that was revised away short...
ForexLive
12 Jun 2026, 14:47 GMT
MEDIUM IMPACT
The Iran peace trade is fading today after Trump wrote:The terms that Iran leaked out to the Fake News have NOTHING to do with the terms that were agreed to, in writing. What they said, including their weak and pathetic statement on having a deal, bears no relation to the truth. Very dishonorable people to deal with. With them, there is no such thing as dealing in good faith. AMAZING! Also, their totally rebuffed Drone attack last night against Indian Ships leaving the Hormuz Strait is TOTALLY U...
FXStreet Forex
12 Jun 2026, 14:38 GMT
HIGH IMPACT
National Bank of Canada (NBC) strategists assess how Kevin Warsh may reshape Federal Reserve (Fed) policy.
FXStreet Forex
12 Jun 2026, 13:45 GMT
HIGH IMPACT
Nordea’s Jan von Gerich highlights that the ECB delivered a widely expected 25bp hike and is likely to continue tightening, with the next move expected in July. He argues that broadening inflation pressures mean lower energy prices alone will not ease ECB concerns.
FXStreet Forex
12 Jun 2026, 13:15 GMT
HIGH IMPACT
Commerzbank’s Bernd Weidensteiner and Christoph Balz argue that Kevin Warsh’s first Federal Reserve meeting is unlikely to deliver an immediate rate cut, given elevated PCE inflation and a still‑solid labor market.
FXStreet Forex
12 Jun 2026, 13:03 GMT
HIGH IMPACT
Nomura’s Global FX Strategy team, including Dominic Bunning and Yusuke Miyairi, argues that a more hawkish ECB path versus the Bank of England should support the Euro against the Pound.
FXStreet Forex
12 Jun 2026, 12:54 GMT
MEDIUM IMPACT
The Euro (EUR) has given away previous daily gains against the US Dollar (USD) and is trading practically flat, at 1.1575 at the time of writing.
FXStreet Forex
12 Jun 2026, 12:53 GMT
HIGH IMPACT
MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee argue that firmer US inflation and resilient labour markets underpin a higher-for-longer global rates backdrop, supporting the US Dollar.
ForexLive
12 Jun 2026, 12:41 GMT
MEDIUM IMPACT
Headlines:Iran will not restore Strait of Hormuz status to pre-war level - IRNAThe US-Iran MoU could be signed as soon as Sunday in Geneva - BBGHere is what the US-Iran deal looks set to be like after another TACO momentIran media says that memorandum of understanding draft still not yet finalisedOil prices plunge after Iran confirms details of the deal with the USThe countdown continues ahead of the Wall Street open, all eyes on SpaceXECB policymaker Nagel says keeping all options open for July...
FXStreet Forex
12 Jun 2026, 12:30 GMT
MEDIUM IMPACT
Brown Brothers Harriman’s Elias Haddad reports that EUR/USD briefly dipped toward 1.1500 after the ECB decision before rebounding on the US-Iran breakthrough. Haddad expects EUR/USD to edge lower and stabilize closer to 1.1400 as US growth outperforms the Eurozone.
ForexLive
12 Jun 2026, 12:16 GMT
HIGH IMPACT
Rate hikes by year-endRBNZ: 65 bps (76% probability of rate hike at the next meeting)BoJ: 46 bps (90% probability of rate hike at the next meeting)ECB: 37 bps (70% probability of no change at the next meeting)BoE: 35 bps (91% probability of no change at the next meeting)BoC: 24 bps (94% probability of no change at the next meeting)Fed: 18 bps (97% probability of no change at the next meeting)RBA: 12 bps (99% probability of no change at the next meeting)SNB: 8 bps (99% probability of no change at...
FXStreet Forex
12 Jun 2026, 12:07 GMT
MEDIUM IMPACT
Nordea’s Jan von Gerich expects Kevin Warsh’s first FOMC meeting on 17 June to deliver a more neutral policy stance, with earlier projected rate cuts likely removed from the dot plot and some hike calls appearing.
FXStreet Forex
12 Jun 2026, 11:57 GMT
HIGH IMPACT
Deutsche Bank’s European economists highlight that the ECB delivered its first rate hike since 2023, lifting the deposit rate to 2.25% and pairing it with hawkish messaging from President Lagarde.
