Forex Focus — Aug 4, 2026, 09:00 UTC

Transcript

The Japanese Yen surged 85 pips today, pushing USD/JPY down to 157.17. Breaking news confirms Japan's market intervention, driving this significant move. The DXY showed broad strength against most majors. EUR/USD dipped 23 pips, trading at 1.1511. This reflects persistent dollar demand. Its trend remains pressured by relative central bank policy. The Bank of Japan maintained rates at 1%. Their hawkish stance, amid Yen support efforts, is impacting markets. The Fed may join Treasury efforts to stabilize the Yen. The ECB's relative dovishness continues to weigh on the Euro. For tomorrow, watch EUR/USD support at 1.1500. USD/JPY faces resistance at 157.50. The market remains highly reactive to central bank rhetoric. That's your Forex Focus for today, on rawfin.tv.