Federal Reserve (U.S.)

🔸 Central Bank Decisions
Federal Reserve (U.S.) – June 18–19

The Federal Reserve is expected to maintain its benchmark interest rate at 4.25–4.5%, resisting President Trump's calls for a full percentage point cut. 

Markets anticipate Chair Jay Powell to adopt a cautious tone, emphasizing economic uncertainties.

Bank of England (U.K.) – June 20

The Bank of England is likely to keep rates steady at 4.25%. 

A rate cut in August remains a possibility, contingent on upcoming economic data.

Swiss National Bank (Switzerland) – June 20

The SNB is expected to reduce its policy rate from 0.25% to zero or possibly into negative territory to counter deflationary pressures. 

📊 Key Economic Data Releases
U.S. Retail Sales (June 18): This data will provide insights into consumer spending trends, a critical component of the U.S. economy. 

U.K. Inflation Data (June 19): May's inflation figures are expected to show a slight decline to 3.4%, influencing the Bank of England's future policy decisions. 

🌍 Geopolitical Developments
Israel-Iran Conflict: Escalating tensions have heightened market volatility, impacting commodity prices and investor sentiment. 

G7 Summit: Leaders are convening to address global economic challenges, with potential implications for currency markets.

📈 Currency Pair Outlooks
EUR/USD: The pair is experiencing increased volatility amid U.S. trade policy uncertainties and shifting interest rate expectations.

GBP/USD: The pound faces downward pressure due to weak U.K. economic data, with potential for further declines if inflation continues to ease.

AUD/USD: The Australian dollar shows seasonal strength in June, but gains may be capped without significant bullish catalysts.