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EUR/USD Forecast: Why Euro Could Be the Big FX Winner of Peace in Middle East

With the US and Iran seemingly on track to sign a Memorandum of Understanding to “end the war” (for 60 more days at least) by the end of the week, risk assets are rallying across the board, while crude oil prices are falling to their lowest levels in more than 3 months.
Date: 15.06.2026  |  Source: forex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.160050 +0.29048%
GBPUSD 1.342770 +0.25011%
USDJPY 160.272000 +0.054312%
XAUUSD 4325.040000 +2.52408%
USDCAD 1.398260 -0.0336%
NZDUSD 0.582850 +0.066957%
USDCHF 0.793690 -0.34028%
AUDUSD 0.707660 +0.47992%
EURGBP 0.863910 +0.12981%
EURJPY 185.926000 +0.30211%
GBPJPY 215.207000 +0.17222%
AUDJPY 113.416000 +0.45704%
CADJPY 114.622000 +0.090815%
CHFJPY 201.927000 +0.4482%
NZDJPY 93.410000 -0.065261%
GBPCHF 1.065620 -0.24246%
EURCHF 0.920680 -0.099826%
USDMXN 17.206490 +0.008662%
USDZAR 16.197010 -0.48348%
USDTRY 46.276300 +0.033938%
USDRUB 72.446600 -0.069382%
USDSEK 9.384600 -0.55274%
USDCNY 6.756500 -0.082815%

Upcoming Important Events

Time Country Event Forecast Previous
16.06.2026
02:00 Industrial Production YoY (May) 4.3 4.1
02:00 Retail Sales YoY (May) 0 0.2
03:00 🇯🇵 BoJ Interest Rate Decision 1 0.75
04:30 🇦🇺 Interest Rate Decision (Jun) 4.35 4.35
12:30 🇺🇸 Building Permits (May) 1.42 1.423
12:30 🇺🇸 Housing Starts (May) 1.43 1.465
23:50 🇯🇵 Balance of Trade (May) -564.6 301.9
17.06.2026
06:00 🇬🇧 CPI YoY (May) 3 2.8
06:00 🇬🇧 Inflation Rate YoY (May) 3 2.8
12:30 🇺🇸 Retail Sales MoM (May) 0.5 0.5