Forex Focus — May 4, 2026, 10:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv! The Dollar Index sees muted moves today. However underlying drivers point to uncertainty. Minneapolis Fed President Kashkari highlights Iran war risks. This complicates Fed forward rate guidance. EUR USD is trading around 1.1735. It holds steady showing little direction. Geopolitical tensions could cap any sustained rally. We are watching for a break above 1.1750. Elsewhere we observe unusual volatility in some exotic carry pairs. The CBOE VIX index jumped 8.80 today. This reflects broader market fear now at 40 on the Fear Greed Index. Central bank commentary was Fed-centric this week. Kashkari's remarks signal a cautious tone. The ECB and BOJ offered no new substantial policy guidance. For tomorrow EUR USD support is at 1.1700. Resistance looms at 1.1780. Stay precise stay informed only on