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fxJun 22, 2026, 6:30 AM

Strait of Hormuz Risk Ahead of Major FX Data Releases

The Strait of Hormuz returns to focus as traders prepare for key economic data from Canada, Australia, and the US this week.

USDCADAUDUSDEURUSD

Geopolitical attention shifts back to the Strait of Hormuz, with no further details provided in the original post. Meanwhile, this week's economic calendar is packed with high-impact releases:

  • Monday, 22nd – Canada Consumer Price Index (14:30 CET)
  • Wednesday, 24th – Australia Consumer Price Index (03:30 CET)
  • Thursday, 25th – Australia Employment Change / Unemployment Rate (03:30 CET)
  • Thursday, 25th – US Core PCE Price Index / Final data (14:30 CET)

These releases are likely to influence volatility in CAD, AUD, and USD pairs. The Strait of Hormuz backdrop adds an extra layer of risk to FX markets this week.

Source: FXStreet Forex News