Forex Focus — Jul 27, 2026, 21:00 UTC

Transcript

Crude oil plunged over eight percent today, a massive market move. Yet, major FX pairs show unusual stability. EUR/USD remains unchanged, holding at 1.1390. This pair is range-bound, lacking immediate catalysts. USD/JPY is also flat at 163.68. GBP/USD holds steady at 1.3342. The DXY reflects this quiet trading environment. Breaking news confirms US markets are closed for Independence Day. This holiday certainly contributes to the subdued FX volatility. US futures rebounded on weaker jobs data, hinting at a potentially less hawkish Fed. The PBOC injected record liquidity, a distinctly dovish move for China. Singapore's central bank tightened policy, a hawkish counterpoint. For tomorrow, watch EUR/USD support at 1.1350. Resistance sits at 1.1420. USD/JPY finds support at 163.00. Resistance is at 164.00. Expect increased directionality post-holiday. Only on rawfin.tv.