Forex Focus — May 5, 2026, 21:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv. I'm your host breaking down today's market movers. The Dollar Index faces pressure today. A key US economic indicator plunged to a 2008 crisis low of 0.84. This fuels expectations of a dovish Fed pivot. EUR USD holds near 1.1709 calculated from USD EUR at 0.8549. The weak US data provides a bullish catalyst. We expect upward momentum. Geopolitical risk heightens volatility in exotics. The Hormuz market impact news is a key driver. This weighs on higher-beta carry trades. Fed Chair Powell's planned departure by May 2026 is significant. US Treasury yields reflect this with the 10-year down 0.67 to 4.416 . Markets anticipate a less hawkish stance. For EUR USD tomorrow watch 1.1680 as critical support. Resistance is firm at 1.1745. A break could open a 50-pip range. That's your Forex Focus. Stay tuned to