Forex Focus — Jul 22, 2026, 09:00 UTC

Transcript

USD/JPY surged 33 pips today, reaching 163.01. The Dollar Index pushed higher, driven by a hawkish Federal Reserve. Fed Governor Jefferson reaffirmed the 2% inflation target. He warned policy may shift if inflation persists above target. This firm stance propelled the greenback. EUR/USD dipped 0.10 percent, trading at 1.1407. That's a 10-pip decline. Dollar strength exerted consistent downward pressure. Meanwhile, the ECB and BOJ maintained their current policy stances. No new hawkish signals emerged from Europe or Japan. Global tensions also influenced markets. The "US Strike on Iran" headline sparked volatility. This often leads to unusual moves in some exotic currency pairs. Crypto markets also reacted, with Bitcoin briefly dipping. For tomorrow, watch key levels. EUR/USD finds immediate support at 1.1380. Resistance holds near 1.1430. USD/JPY has support at 162.70. Look for resistance around 163.30. Stay ahead of the curve. This is Forex Focus on rawfin.tv.