Forex & Trading·Jun 18, 2026

Trump: US is committed to PEACE

Trump on TruthSocial posts: Trumps "reply" to the Supreme Leaders comments are controlled. He seems to also be talking to Isreal to not muck things up. The Supreme leader was a more confrontational and negative, but his audience requires that he remain confrontational.. This article was written by Greg Michalowski at investinglive.com.

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Trump: US is committed to PEACE
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Trump on TruthSocial posts: Trumps "reply" to the Supreme Leaders comments are controlled. He seems to also be talking to Isreal to not muck things up. The Supreme leader was a more confrontational and negative, but his audience requires that he remain confrontational.. This article was written by Greg Michalowski at investinglive.com.

  • Trump on TruthSocial posts: Trumps "reply" to the Supreme Leaders comments are controlled.
  • He seems to also be talking to Isreal to not muck things up.
  • The Supreme leader was a more confrontational and negative, but his audience requires that he remain confrontational..
  • This article was written by Greg Michalowski at investinglive.com.

Trump on TruthSocial posts: Trumps "reply" to the Supreme Leaders comments are controlled. He seems to also be talking to Isreal to not muck things up. The Supreme leader was a more confrontational and negative, but his audience requires that he remain confrontational.. This article was written by Greg Michalowski at investinglive.com.

Integrity note  ·  The source publication didn't make the full article available — Xela wrote this version from what could be gathered (headline, public summary, and signals). Facts and attributions are preserved; for the original piece in the publisher's own words, read it at Forexlive.

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investingLive Americas FX news wrap 18 Jun USDJPY surges to near highs going to 2024
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investingLive Americas FX news wrap 18 Jun USDJPY surges to near highs going to 2024

The USD continued its run to the upside after the more hawkish Fed yesterday. The gains in the greenback were led by gains versus the GBP (+0.68%), the CHF (+0.56%) and the JPY (+0.47%). The BOE and the SNB both kept rates unchanged. For the Bank of England, although the skew is toward higher rates, the central bank seems to be on hold for the foreseeable future as risks of slower growth balances things out a bit versus inflation. For the SNB, they indicated that intervention is not out of the question against the strong CHF. The USDJPY started to step higher after breaking above the 2026 high at 160.717 and squeezed higher as the price continued away from the 160.00 level and move to and through 161.00 instead. Anxiety about intervention reared its ugly head once the price extended up to 161.81 just about 11 or 12 pips short of the highest level going back to 2024. The price quickly move down to a low of 160.887 but then bounced back higher and is trading near 161.40 heading into the end of day. Traders can expect more anxiety going forward, but the buyers are still more in control as long at the old high for the year at 160.717 holds support. Move below it and staying below is now needed to give the sellers some control from a technical perspective back. US stocks after falling yesterday, recovered nicely today help by the chip stocks. The trading week for stocks ends today due to the Juneteenth holiday tomorrow. For the week, the major indices closed higher: Dow industrial average +0.14%. S&P index +1.08% NASDAQ index +1.91% Russell 2000 + 2.12% The US debt market will also be closed tomorrow. Yields in the short end edged higher today, while the yields in the longer end fell as the yield flattening continues. 2 year yield 4.1809%, +1.8 basis points 5 year 4.234%, +5.2 basis points 10 year 4.457%, -5.8 basis points 30 year 4.899%, -2.7 basis points For the week, the 2 year yield is up around 10.0 basis points. 10 year yield is down -2.6 basis points. Fundamentally: US initial jobless claims came in as expected at 226K vs 225K estimate Philly Fed regional index was also near expectation at 10.3 vs 10.0 estimate.. The U.S.-Iran Memorandum of Understanding was released/leaked. It showed a 14-point framework designed to end hostilities, reopen trade and energy flows, and provide a path toward a broader peace and nuclear agreement. The deal calls for an immediate halt to military operations, a reopening of the Strait of Hormuz with safe commercial passage, and the removal of the U.S. naval blockade. Both sides have agreed to negotiate a final agreement within 60 days. Iran reaffirmed that it will not develop nuclear weapons and will work with international inspectors on its nuclear program, while the U.S. pledged sanctions relief, access to frozen Iranian assets, and support for a reconstruction and economic development package worth at least $300 billion. The agreement also allows Iranian oil exports to resume, establishes a monitoring mechanism for compliance, and envisions a final deal that would be backed by a binding U.N. Security Council resolution. Markets have viewed the agreement as a major de-escalation event, helping ease concerns over oil supply disruptions and broader regional instability This article was written by Greg Michalowski at investinglive.com.

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The USDJPY is squeezing toward 2024 highs.
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The USDJPY is squeezing toward 2024 highs.

The USDJPY is getting squeezed higher, with the pair climbing to a new cycle high of 161.76. While that is the highest level since 2024, it is now closing in on the 2024 high at 161.919. A move above that level would put the pair at its highest level since 1986. The rally is increasingly taking on the characteristics of a short squeeze. Recall that in late April and early May, intervention fears sparked a sharp decline from 160.717 to a low near 155.017, as traders worried Japanese officials would step in aggressively to support the yen. Since then, the pair has steadily recovered, but traders remained cautious about pushing above the 2026 highs given the lingering threat of intervention. That caution disappeared today. The break to new highs has accelerated the upside momentum as short positions are being forced to reassess the long-held belief that Japanese authorities would not tolerate USDJPY trading above 160.00 for an extended period. While the risk of intervention remains and officials could still attempt to push the pair lower, the market is now nearly 200 pips above 160.00. At some point, traders fighting the trend have to decide whether it is worth staying in the trade and not screaming "Uncle". "Basta", "Enough", "Get me OUT". For many shorts, that moment may be arriving quickly. The market is forcing them to ask a simple question: How much longer do you want to fight a trend that keeps making new highs? This article was written by Greg Michalowski at investinglive.com.

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