Forex Focus — Jun 3, 2026, 09:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv! I'm your host ready to dissect the markets. The Dollar Index shows robust strength. DXY is driven by persistent rate divergence. We see USD JPY holding firm at 159.87. This is despite the 'Yen Defies Record Intervention' headline. BOJ hike expectations are clearly rising. EUR USD trades around 1.1631 this morning. The pair faces downward pressure. ECB sentiment remains broadly dovish. This contrasts with the Fed's hawkish stance. For an exotic play watch USD ZAR. It shows unusual volatility today. Carry trade unwinds are in focus. Investors are seeking safety amid rising global fear. The Fear Greed Index is at 11 signaling extreme fear. Central bank watch BoE Governor Bailey signaled no immediate rate hike. Sterling fell in response. The Fed maintains a data-dependent hawkish posture. Tomorrow watch EUR USD support at 1.1600. Resistance sits at 1.1660. For USD JPY 159.50 is key support. Resistance is firm at 160.20. Stay sharp manage risk and keep