Forex Focus — May 9, 2026, 10:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv. The Dollar Index shows muted activity today. The US economic indicator hitting a 2008 crisis low of 0.84 is a key dovish driver. This limits the DXY's upside potential. EUR USD trades precisely at 1.1775. The pair remains flat showing zero pips movement. However UK Labour's local election defeat could introduce broader European uncertainty. While major pairs are calm we observe heightened volatility in select exotic crosses. The hunt for carry continues amidst global economic shifts. Jerome Powell's planned step-down as Fed Chair by May 2026 is a significant headline. This introduces future Fed policy speculation. The ECB and BOJ offered no new hawkish signals this week. For tomorrow EUR USD support is at 1.1750. Resistance sits around 1.1800. These are critical levels to watch. Stay tuned to rawfin.tv