Forex Focus — Oct 4, 2026, 09:00 UTC

Transcript

The Federal Reserve's significant interest rate hike has immediately repriced the dollar. The Dollar Index shows strong resilience. This directly follows the "Federal Reserve Raises Interest Rates for First Time in Years" headline. EUR/USD now trades at 1.1251, down a marginal one pip, or 0.01%. The greenback's strength is applying consistent downward pressure. This hawkish Fed pivot is a critical driver. The European Central Bank, in contrast, offers no new hawkish guidance. This policy divergence is a key factor for EUR/USD. Meanwhile, USD/JPY holds remarkably steady at 157.8200. The Bank of Japan maintains its notably dovish stance. Exotic pairs currently display muted volatility. However, traders are closely monitoring for emerging carry trade opportunities. For EUR/USD, immediate technical support lies near 1.1230. Resistance is firm at the 1.1280 psychological level. Stay sharp, stay informed, only on rawfin.tv.