Forex Focus — Aug 29, 2026, 09:00 UTC

Transcript

The Swiss Franc tumbled, with USD/CHF surging 48 pips. The dollar index found strong bids across the board today. DXY strength pushed EUR/USD down 35 pips to 1.1610. Fed's Collins suggests rate hikes are justified. This provides a clear hawkish tailwind for the greenback. USD/JPY rose 37 pips to 159.92. Japan confirmed yen-buying intervention. This move highlights acute volatility in the pair. Policy divergence continues to fuel carry trade dynamics. Traders are watching for further BOJ action. Fed Chair Warsh faces inflation clarity pressure. Collins' comments kept rate hike expectations alive. The Fed's steady rates signal caution. The BOJ's intervention underscores their dovish stance. The ECB remains relatively quiet, impacting the euro. For EUR/USD, watch 1.1600 as immediate support. Resistance sits at 1.1640. This range will be key. For real-time analysis, stay informed with rawfin.tv.