Forex Focus — May 28, 2026, 09:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv. The Dollar Index is consolidating showing minimal daily movement. However underlying sentiment is firm. Bond traders fully price in a Fed rate hike this year. This hawkish stance provides a strong dollar bid. EUR USD trades precisely at 1.1632. The pair remains range-bound yet risks persist. Fed divergence creates persistent downside pressure. Geopolitical tensions spark broader volatility. US strikes on Iran missile sites are a key driver. Emerging market currencies show unusual swings. The Fear Greed Index sits at 22 indicating extreme fear. Central bank policy diverges sharply. The Fed is overtly hawkish as noted. The ECB remains relatively dovish. The Bank of Japan maintains ultra-loose policy. Indonesia's central bank raised rates above forecasts. Iceland also hiked 25 basis points to 7.75 . For tomorrow watch EUR USD support at 1.1600. USD JPY resistance looms at 160.00. That's Forex