Forex Focus — Aug 7, 2026, 09:00 UTC

Transcript

Japan's record ¥6.28 trillion Yen intervention failed to hold, with USD/JPY up 38 pips. The Dollar Index shows a firm upward bias. This reflects broad USD strength. The Fear & Greed Index at 29 signals persistent risk aversion. This drives safe-haven flows into the greenback. EUR/USD currently trades at 1.1530. It is down 19 pips, or 0.19% on the session. This pair remains pressured. Persistent USD demand acts as a significant headwind. Breaking news confirms the joint US-Japan intervention. Japan spent a staggering ¥6.28 trillion. Yet, USD/JPY still gained 0.38% to 158.21. The Yen erased nearly half its initial gains. This signals significant market resistance to BOJ efforts. The carry trade remains attractive. The Fed and ECB offered no new guidance this week. However, market pricing suggests a hawkish Fed tilt. This strengthens the dollar. For tomorrow, watch EUR/USD 1.1500 as critical support. Resistance for USD/JPY holds near 158.50. A break would invite further dollar buying. Stay informed with rawfin.tv.