Forex Focus — May 17, 2026, 10:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv! Your institutional insight into global currency markets starts now. The DXY finds underlying support. Risk aversion grips markets with the Fear Greed Index at 27. Escalating Iran tensions fuel this safe-haven bid. EUR USD holds steady at 1.1632 showing minimal daily movement. However Europe's DAX shed 207 basis points. This points to persistent Eurozone weakness. Key support sits at 1.1600 resistance at 1.1680. USD ZAR exhibited notable volatility today. Swings exceeding 50 pips were observed. This reflects commodity price dynamics and global risk sentiment. Central bank commentary is key. The Bank of Japan signals hawkishness. They eye a near-term rate hike. Conversely the US economic indicator hit a 2008 crisis low of 0.84. This could prompt Fed dovishness. Tomorrow watch USD JPY. Support is firm at 158.20. Resistance targets 159.00. That's your comprehensive market wrap. Stay informed trade strategically only