Forex Focus — Aug 2, 2026, 09:00 UTC

Transcript

The Japanese Yen surged most in two years today, driving USD/JPY down 19 pips. The Dollar Index retreated broadly. This reflects persistent uncertainty. US jobs data is keenly awaited. EUR/USD holds at 1.1514, gaining three pips. The pair shows resilience above 1.1500. It tests short-term resistance levels. USD/JPY saw significant volatility. It dropped to 158.35. This follows Japan's market intervention. That's a dramatic move. The Bank of Japan maintained its 1% rate. Their hawkish stance was clear. This supports the Yen. It unwinds some carry trades. The Fed's policy path remains data-dependent. The ECB also eyes inflation closely. Tomorrow, monitor EUR/USD support at 1.1500. Key resistance is at 1.1540. A break could signal further moves. For real-time market insights, stay with rawfin.tv.