Forex Focus — May 1, 2026, 10:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv! The Dollar Index shows minimal net movement today. Despite the 10-year Treasury yield falling 0.63 the dollar holds firm. This suggests underlying resilience amid market jitters. EUR USD trades at 1.1719. The European Central Bank just held rates as expected. This keeps the pair in a tight 50-pip range seeing zero net change. The ECB's neutral stance impacts carry trade prospects. Volatility is spiking in select exotic pairs. Emerging market currencies are feeling pressure. Geopolitical tensions notably the Iran conflict fuel unusual swings. Our Fear Greed Index sits at 26 deep in 'Fear'. Central bank watch The ECB confirmed holding rates a widely anticipated move. News also broke about Warsh's Fed Chair nomination. This signals potential shifts in future Federal Reserve policy. For tomorrow watch EUR USD support at 1.1700. Resistance sits at 1.1750. The DXY needs to break 105.0 for a clearer direction. Stay sharp stay informed. This has been Forex Focus on