Forex Focus — Jun 4, 2026, 09:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv. The Dollar Index shows significant strength today. Extreme Fear at a Fear Greed Index of 12 fuels robust safe-haven demand. This bolsters the DXY. EUR USD trades firmly at 1.1606 facing downward pressure. Divergent central bank policy is the primary catalyst. BoE Governor Bailey's dovish remarks on Sterling sending it lower underscore this. USD JPY exhibits unusual volatility at 159.93. The Yen defies record intervention efforts staying weak. BOJ hike expectations are rising yet the currency remains soft. This reinforces a strong dollar carry trade. Central bank watch BoE's dovish stance weighed on Sterling causing a swift decline. The BOJ grapples with persistent Yen weakness. The Fed's implied hawkishness continues to support the Dollar. For tomorrow watch 1.1600 for EUR USD support just 6 pips below. Resistance for USD JPY sits at 160.00 a key psychological barrier. These levels are crucial pivots. Stay sharp stay informed. This is Forex