Forex Focus — May 24, 2026, 21:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv. I'm your host bringing you the latest FX insights. The Dollar Index remains firm driven by underlying hawkish Fed sentiment. Kevin Warsh's swearing in as Federal Reserve Chair amid inflation concerns underpins this. We see DXY testing resistance around 106.50. EUR USD trades precisely at 1.1600. This pair is finding support from hawkish ECB signals. ECB's Wunsch indicated a high probability of a June rate hike. This suggests potential for further upside. Volatility in exotics is notable. The Indonesian Rupiah is very active. Bank Indonesia delivered a significant rate hike above forecasts to stabilize the Rupiah. This created sharp moves in USD IDR. Iceland's Central Bank also hiked rates to 7.75 . Tomorrow watch EUR USD support at 1.1580. Resistance sits at 1.1630. For the DXY initial resistance is at 106.50. Stay