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.
Investing.com Technical
12 Jun 2026, 10:52 GMT
MEDIUM IMPACT
FXStreet Forex
12 Jun 2026, 10:35 GMT
HIGH IMPACT
Nordea’s Jan von Gerich notes that EUR/USD is stuck between 1.15 and 1.16 despite strong US data and favourable US interest rate differentials. He argues the Dollar has underperformed relative to historical patterns and still expects a higher EUR/USD in the medium term.
ForexLive
12 Jun 2026, 09:39 GMT
HIGH IMPACT
Full report hereECB's Kocher said yesterday's rate hike is intended to help stabilize inflation as the Middle East conflict continues to push up energy and commodity prices.Kocher warned that rising energy costs are weakening consumer purchasing power, discouraging investment, and increasing the risk of second-round inflation effects. However, he noted that inflation is not expected to return to the extreme levels seen in 2022–2023.He stressed that the key objective is to prevent the current e...
FXStreet Forex
12 Jun 2026, 09:24 GMT
MEDIUM IMPACT
Nomura’s Dominic Bunning and colleagues note that while the Dollar bull case remains supported by strong US data, higher Fed rate expectations and robust US equities, historical patterns around US data surprises point to downside risks for USD over the next few months.
FXStreet Forex
12 Jun 2026, 09:09 GMT
MEDIUM IMPACT
MUFG’s Lee Hardman reports that renewed optimism over a US-Iran deal has lifted the Euro against the Dollar, with EUR/USD moving back toward 1.1600.
FXStreet Forex
12 Jun 2026, 08:54 GMT
HIGH IMPACT
European Central Bank (ECB) Governing Council member Martin Kocher stated in the European trade on Friday that it is too early to discuss what the central bank will do in the July meeting.
FXStreet Forex
12 Jun 2026, 08:47 GMT
HIGH IMPACT
European Central Bank (ECB) Governing Council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, said during the European trade on Friday that the central bank needs to act quickly before inflation starts accelerating further.
FXStreet Forex
12 Jun 2026, 08:37 GMT
HIGH IMPACT
The Euro (EUR) trades higher 0.12% higher to near 185.45 against the Japanese Yen (JPY) during the European trading session on Friday.
