By mid-June 2025, the foreign exchange markets are showing dynamic movements. With central bank decisions, geopolitical tensions, and macroeconomic shifts, several currency pairs stand out for their volatility and trading potential. Below are the key pairs to monitor this month and the main factors that could move them.

1. EUR / USD

This remains one of the most closely watched pairs — and for good reason.

In June, the European Central Bank (ECB) delivered a widely expected rate cut but hinted at a possible summer pause in easing.

The U.S. dollar remains under pressure due to ongoing uncertainty around trade tariffs and Federal Reserve policy expectations.

Technically, EUR/USD continues to trade within a bullish channel, with support near 1.1575 and potential resistance toward 1.1765.

Risks to watch: U.S. macro data (inflation, GDP, employment), trade or tariff headlines, and ECB policy signals.

2. USD / JPY

The U.S. dollar versus the Japanese yen could see interesting moves amid a fragile global backdrop.

The Bank of Japan (BoJ) has maintained a cautious tone, keeping its policy rate near 0.5% and slowing the pace of balance sheet reduction.

If geopolitical tensions rise or risk aversion increases, the yen could temporarily strengthen as a safe-haven currency.

Analysts project USD/JPY trading in a 144.00–146.50 range through June, assuming continued dollar strength.

Risks to watch: potential BoJ interventions, key U.S. data releases, and global events favoring the yen.

3. GBP / USD

The British pound against the U.S. dollar continues to attract attention, influenced by Bank of England (BoE) and Federal Reserve decisions.

In June, both central banks are scheduled to meet on June 18–19, which could trigger sharp volatility.

GBP/USD has shown an upward bias, facing resistance near 1.3769 and finding support between 1.3400–1.3500.

Trade negotiations and global risk sentiment also play key roles for this pair.

Risks to watch: BoE policy decisions, divergence in monetary policy between the U.K. and the U.S., and global risk appetite shifts.

4. AUD / USD

The Australian dollar versus the U.S. dollar remains sensitive to external factors, particularly China’s growth and commodity prices.

Australia’s latest GDP data came in below expectations, increasing the likelihood of another rate cut in July.

The pair has been consolidating, with resistance around 0.6550, which could act as the month’s upper ceiling.

Trade activity with China, raw material prices, and Fed policy will continue to drive the pair.

Risks to watch: Australian economic releases, domestic monetary policy, and developments in Asian trade.

5. USD / CHF

The Swiss franc, a traditional safe-haven currency, can react sharply to global market sentiment changes.

With recent dollar weakness, USD/CHF has been trending lower, finding support around 0.81.

Some analysts see a potential for Swiss National Bank (SNB) intervention if the franc strengthens excessively.

Correlation with EUR/USD is also significant, as euro movements often ripple through to USD/CHF.

Risks to watch: SNB policy stance, safe-haven capital flows, and broad dollar performance.

💡 Final Tips for Tracking Forex Pairs in June 2025

• Use key dates such as central bank meetings, inflation reports, employment data, and geopolitical events as catalysts for price action.

• Combine fundamental and technical analysis — focus on support/resistance zones, channel breaks, and inter-currency relationships.

• Be mindful of volatility risks — summer months often bring sharp swings due to low liquidity.

• Manage your position size and risk carefully — use stop-loss and take-profit orders with discipline.