Forex Focus — May 31, 2026, 09:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv. I'm your host diving deep into today's pivotal FX movements. The Dollar Index shows remarkable resilience. This strength is primarily driven by the latest U.S. PCE Price Index. It surged to a nearly three-year high. This firmly reinforces a hawkish Federal Reserve narrative. EUR USD trades around 1.1658. The pair faces persistent downward pressure. This reflects expectations for continued Fed tightening. USD JPY maintains its elevated level at 159.25. This underscores the Bank of Japan's entrenched dovish stance. Market sentiment remains cautious. The Fear Greed Index registers 28 indicating significant fear. This often translates to heightened volatility across less liquid exotic crosses. Central bank commentary is key. The Fed's hawkish tilt is undeniable backed by that PCE data. Tomorrow watch EUR USD. Support lies at 1.1650 resistance at 1.1680. For USD JPY 159.00 offers initial support. Resistance is seen near 159.40. That's your Forex Focus for today. Stay precise stay profitable