Forex Focus — Apr 18, 2026, 09:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv. The Dollar Index remains remarkably stable largely range-bound. This is driven by central bank divergence speculation. All major USD pairs show 0.00 movement today. This reflects market indecision. EUR USD trades precisely at 1.1787 calculated from the USD EUR 0.8484 quote. The pair is consolidating. Divergent monetary policy expectations are the key catalyst. BOJ Governor Ueda reiterated low real rates this week. He emphasized maintaining accommodative policy. This suggests continued interest rate differentials of several hundred basis points. This maintains a dovish bias for JPY supporting the carry trade. Meanwhile global equities are rallying. The S P 500 hit 7 126.06 up 1.20 . However geopolitical risks persist. Iran-Hormuz tensions are escalating. Crude oil surged past 100. This heightens market caution. Despite broad FX stability exotics demand attention. USD TRY shows potential for sharp moves due to regional instability. For tomorrow EUR USD finds immediate support at 1.1750. Resistance sits at 1.1820. That's a 70 pip range.