Forex Focus — May 2, 2026, 09:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv. Global markets are currently exhibiting a cautious tone. The Dollar Index is largely consolidating. It holds firm driven by safe-haven demand despite no immediate Fed action. The DXY remains near 104.50. EUR USD trades precisely at 1.1724. This pair shows minimal movement holding a tight 20-pip range. The ECB's decision to hold rates as reported is a key catalyst. While major FX crosses show zero-point-zero-zero percent net change indicating broad market calm we lack specific exotic pair data showing unusual volatility. This points to a low-volatility environment across the board. On central bank watch The ECB held rates this week citing ongoing geopolitical concerns. This was a zero-basis-point change. For the Fed the Senate Advances Warsh Fed Chair Nomination suggests future leadership dynamics. The Bank of Japan remains on hold keeping USD JPY stable at 157.08. Looking ahead EUR USD sees immediate support at 1.1700 a 24-pip drop. Resistance looms at 1.1750 26 pips higher. For USD JPY watch 156.80 support and 157.30 resistance. These are tomorrow's crucial levels. Stay locked to rawfin.tv for