Forex & Currency Watch — 2026-07-08
The US dollar held firm near 13-month highs as Fed Governor Christopher Waller reinforced the central bank's inflation-fighting commitment, with the DXY hovering around 100.90. USD/JPY emerged as the week's biggest mover amid sideways trading, while EUR/USD slipped to 1.1428 as the greenback regained traction following weakness last week. FOMC meeting minutes due this week and persistent rate-path divergence between the Fed and other major central banks are driving repricing across majors.
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