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Forex Focus — May 24, 2026, 10:00 UTC
Welcome to Forex Focus on rawfin.tv. The DXY exhibits strength. Kevin Warsh's appointment as Federal Reserve Chair drives this amid inflation concerns. USD JPY trades firmly at 159.12. For EUR USD we see it around 1.1601. This follows ECB's Wunsch signaling a high probability for a June rate hike.
Key takeaways
- USD JPY trades firmly at 159.12.
- For EUR USD we see it around 1.1601.
Transcript
Welcome to Forex Focus on rawfin.tv. The DXY exhibits strength. Kevin Warsh's appointment as Federal Reserve Chair drives this amid inflation concerns. USD JPY trades firmly at 159.12. For EUR USD we see it around 1.1601. This follows ECB's Wunsch signaling a high probability for a June rate hike. That's a hawkish signal offering Euro support. Elsewhere Indonesia's Central Bank raised key rates above forecasts. This aims to stabilize the Rupiah creating unusual volatility in USD IDR. Central bank watch Fed Chair Warsh acknowledges inflation. ECB's Wunsch is hawkish for June. The Bank of Japan maintains its dovish posture. For tomorrow watch EUR USD support at 1.1580. Resistance sits at 1.1620. USD JPY eyes 159.50 resistance. This
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