Forex Focus — May 30, 2026, 10:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv! The Dollar Index is firm this morning. The U.S. PCE Price Index rising to a nearly three-year high fuels hawkish Fed expectations. This provides a strong bid for the Greenback. Geopolitical tensions like the US Strikes Near Hormuz also add a safe-haven premium. EUR USD trades flat at 1.1659. The pair remains within a tight 100-pip range. It's highly sensitive to shifting rate differentials. We're seeing unusual volatility in emerging market FX. The Extreme Fear index at 23 suggests broad risk aversion. This puts pressure on high-beta carry trade currencies. Central bank watch The Fed remains hawkish driven by persistent inflation. The ECB maintains a cautious data-dependent stance. The Bank of Japan continues its ultra-loose policy keeping the yen weak. For tomorrow watch EUR USD support at 1.1600 and resistance at 1.1700. USD JPY finds support at 158.80 with resistance at 159.50. Stay tuned to rawfin.tv