Forex Focus — May 23, 2026, 21:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv! Global markets show caution today. The Fear Greed Index sits at 28 indicating Fear. This underpins the dollar's resilient safe-haven appeal. DXY maintains its firm stance. EUR USD trades flat at 1.1602 showing zero daily change. However ECB's Wunsch signaled a high probability for a June rate hike. This hawkish rhetoric could provide upward momentum for the Euro. We eye potential resistance at 1.1630 a 28-pip move. Support sits at 1.1580. In exotic markets the USD IDR pair saw notable volatility. Bank Indonesia delivered a significant rate hike. This aimed to stabilize the Rupiah. That policy move created sharp market swings. Central bank rhetoric dominated this week. Kevin Warsh was sworn in as Federal Reserve Chair. His appointment signals a hawkish tilt. Inflation concerns remain paramount. This Fed stance could drive significant carry trade flows. Tune in next time for more insights on