Forex Focus — May 16, 2026, 21:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv. The DXY is commanding attention today. It's driven by surging US Treasury yields. The 10-year yield climbed 3 basis points to 4.595 . This provides a strong dollar bid. EUR USD trades near 1.1629. Downward pressure persists. We see resistance at 1.1650. Support for the pair lies at 1.1600. That's a 29-pip range. Central bank action is front and center. The Bank of Japan is notably hawkish. Reports signal a June rate hike is considered. This could boost the Yen. The Fed's implied hawkishness supports USD. The ECB remains comparatively dovish. For an exotic USD SEK shows unusual volatility. It currently trades at 9.4393. Risk-off sentiment fuels wider bid-ask spreads. Tomorrow key EUR USD support is 1.1600. Watch USD JPY resistance at 159.00. That's your Forex Focus.