Forex Focus — Aug 25, 2026, 09:00 UTC

Transcript

USD/JPY gained 14 pips today, reaching 159.13, despite massive intervention efforts. The Dollar Index is firm, driven by ongoing Fed hawkishness. EUR/USD trades at 1.1666, down 12 pips. This pair remains pressured by a resilient dollar. Its trend is clearly bearish short-term. Japan's ¥8.45 trillion intervention was notable. The "Japan, South Korea Conduct Joint Intervention" headline confirms this. Yet, USD/JPY still advanced. This highlights significant market resistance to the BOJ's actions. On the central bank front, Fed's Kashkari dissented. He advocated for no rate hike amid inflation debates. Other Fed officials remain divided on July's decision. This internal split creates market uncertainty. The ECB offered no fresh guidance. For tomorrow, watch EUR/USD support at 1.1650. Resistance sits at 1.1685. USD/JPY faces resistance at 159.50. Support is seen at 158.80. Keep your pips tight. This has been Forex Focus on rawfin.tv.