Forex Focus — Jul 24, 2026, 09:00 UTC

Transcript

The U.S. Dollar gained 37 pips against the Swiss Franc today. The DXY shows clear upward momentum, currently trading higher. Broad risk-off sentiment is the primary driver. Global equities are notably lower, with the NASDAQ dropping 2.15%. This fuels safe-haven dollar demand across the board. EUR/USD trades at 1.1387, down 21 pips, or 0.21%. This extends its bearish trend. The European Central Bank's perceived dovish stance supports this weakness. Traders are pricing in divergent monetary policy paths. USD/JPY surged 37 pips to 163.69. The Bank of Japan remains exceptionally accommodative. This continues to weigh heavily on the yen's carry trade appeal. Breaking news confirms the PBOC injected record liquidity. This move aims to boost growth. It creates unusual volatility across select emerging market currencies. For tomorrow, monitor EUR/USD for key support at 1.1350. Resistance is firm around 1.1420. Central bank divergence remains a key market theme. That's your Forex Focus on rawfin.tv.