Forex Focus — May 29, 2026, 09:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv! Let's dive into the markets. The Dollar Index is consolidating today. Geopolitical tensions from US strikes near Hormuz underpin safe-haven demand. This provides a floor for the dollar despite falling Treasury yields. The 10-year yield is down 0.58 . EUR USD trades at 1.1643 showing minimal movement. It remains in a tight range. Divergent central bank expectations and risk-off sentiment are key catalysts. While major pairs like USD JPY are flat at 159.31 exotic currencies are feeling the heat. The Extreme Fear reading on the Fear Greed Index at 23 is driving this. Geopolitical tensions are fueling unusual volatility in emerging market carry trades. This week Fed rhetoric remains firm hinting at higher-for-longer. The ECB however hints at potential easing. The BOJ remains on intervention watch. For tomorrow EUR USD finds key support at 1.1600. Resistance looms at 1.1680 a range of 80 pips. Stay tuned to rawfin.tv