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Interest Rate Forecast: BOJ Rate Hike Risk Builds as USDJPY Eyes 175

Rising inflation and bond yields keep another BOJ rate hike in focus, while USDJPY, GBPJPY and EURJPY remain bullish above key support levels.
Date: 12.07.2026  |  Source: fxempire.com
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Quotes

Instrument Price Change (%)
EURUSD 1.141580 -0.15783%
GBPUSD 1.340270 -0.03785%
USDJPY 161.736790 -0.38139%
XAUUSD 4111.444470 -0.29937%
USDCAD 1.415720 -0.068352%
NZDUSD 0.576300 +0.092189%
USDCHF 0.808310 +0.20361%
AUDUSD 0.695510 +0.18778%
EURGBP 0.851750 -0.099861%
EURJPY 184.634710 -0.50294%
GBPJPY 216.771370 -0.32859%
AUDJPY 112.453340 -0.13735%
CADJPY 114.243350 -0.27379%
CHFJPY 200.682320 -0.32109%
NZDJPY 93.211340 -0.20733%
GBPCHF 1.083360 +0.23306%
EURCHF 0.922750 +0.073692%
USDMXN 17.462000 -0.22284%
USDZAR 16.346700 +0.24346%
USDTRY 46.980700 +0.059421%
USDRUB 76.925000 +1.031%
USDSEK 9.673730 +0.18062%
USDCNY 6.766700 -0.36663%

Upcoming Important Events

Time Country Event Forecast Previous
14.07.2026
00:30 🇦🇺 Westpac Consumer Confidence Change (Jul) 2.5 -2.9
01:30 🇦🇺 NAB Business Confidence (Jun) -12 -14
03:00 Balance of Trade (Jun) 121 105.43
03:00 Exports YoY (Jun) 18.2 19.4
03:00 Imports YoY (Jun) 24 27.4
12:30 🇺🇸 Core CPI MoM (Jun) 0.3 0.2
12:30 🇺🇸 Core Inflation Rate MoM (Jun) 0.3 0.2
12:30 🇺🇸 Core Inflation Rate YoY (Jun) 2.9 2.9
12:30 🇺🇸 CPI MoM (Jun) -0.1 0.5
12:30 🇺🇸 CPI YoY (Jun) 4.2