Forex Focus — Apr 5, 2026, 21:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv your institutional insight into global currency markets. I'm your host diving into today's pivotal movements. The Dollar Index remains largely range-bound today with USD JPY holding at 159.53. The driver? Geopolitical tensions. The OECD's forecast of US inflation above 4 amid the Iran conflict suggests a potential hawkish tilt for the Fed. EUR USD trades flat at 1.1529. A strong resistance level sits near 1.1550 with support at 1.1500. The ECB remains under pressure contrasting with potential Fed hawkishness. Volatility is elevated in emerging market FX reflecting the Extreme Fear reading of 12 on the Fear Greed Index. This signals cautious risk-off sentiment. On the central bank front the China Central Bank drained cash a significant policy shift. While the Fed ECB and BOJ held steady this week market participants are pricing in future hawkish rhetoric especially for the Fed given inflation concerns. For tomorrow watch EUR USD's 1.1500 support. A break could see another 30 pips lower. That's your Forex Focus for today. Stay precise stay profitable only