Forex Focus — Apr 16, 2026, 21:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv. I'm your host bringing you the latest FX market insights. The Dollar Index remains robust driven by persistent inflation concerns. The Dow slipped as the CPI report revealed rising inflation. This reinforces a hawkish Fed outlook. The IMF also warns the Iran conflict fuels hotter inflation. EUR USD trades near 1.1799. This major pair remains under pressure trending lower. Geopolitical risk and monetary policy divergence are key catalysts. We see immediate support at 1.1750 with resistance at 1.1820 for tomorrow. That's a 70-pip range. While major crosses show limited movement today the CBOE Volatility Index or VIX is up 0.77 at 18.31. This implies potential for sharp swings in less liquid exotic pairs. Crude oil surging past 100 could impact commodity-linked currencies. Central bank watch The Fed maintains its hawkish rhetoric. The BOJ despite USD JPY at 158.9000 remains dovish. The ECB faces a challenging environment with no immediate policy pivot expected. Stay tuned to rawfin.tv for continuous