Forex Focus — Jul 22, 2026, 21:00 UTC

Transcript

Crude Oil surged 2.54% today, reaching $86.48 a barrel. The Dollar Index, however, held remarkably steady. Major FX pairs saw zero basis points of movement. USD/JPY remained at 163.0100. This resilience suggests underlying dollar demand. EUR/USD trades precisely at 1.1407. Its flat performance reflects market equilibrium. Fed Governor Jefferson reaffirmed the 2% inflation target. He warned policy may shift if inflation persists. This hawkish Fed stance provides a floor for the dollar. The ECB and BOJ offered no fresh policy guidance. Their silence added to market calm. With majors experiencing such stability, volatility in exotic pairs was also notably subdued. The Fear & Greed Index sits at 33, signaling market caution. This risk-off sentiment limits speculative exotic moves. For EUR/USD, monitor 1.1400 as immediate support. Resistance forms near 1.1420. Expect range-bound trading to continue tomorrow. That's your Forex Focus. Only on rawfin.tv.