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June 11, 2026

Daily FX Update

Daily UpdateFXEnergy

The USD shows broad strength today following geopolitical strikes between the US and Iran, while the CAD and NOK trail due to lower oil prices. Focus remains on upcoming central bank decisions from the ECB and BoJ.

Key Takeaways

  • 1.The USD is firmer as risk sentiment improves following US/Iran trade strikes.
  • 2.CAD and NOK underperform due to softer energy prices.
  • 3.Market participants are awaiting ECB policy decisions and BoJ rate meeting updates.

Table of Contents

  • Overview
  • USD Firm as US/Iran Trade Strikes
  • USDCAD
  • EURUSD
  • GBPUSD
  • USDJPY
  • TODAY'S CALENDAR

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Authors

Shaun OsborneEric Theoret

Securities

USD/CADEURUSDGBPUSDUSDJPY

Themes

Geopolitical RiskCentral Bank Policy

Regions

GlobalUnited StatesIranCanada