Forex Focus — Jul 8, 2026, 21:00 UTC

Transcript

Welcome back to Forex Focus on rawfin.tv. I m your host ready to dissect the markets. The Dollar Index remains robust driven by hawkish Fed sentiment. Breaking news attributes a 3 core inflation rise to AI by May 2026. This reinforces the need for future rate rises as discussed in the latest Fed Minutes. EUR USD trades near 1.1418 pressured by a stronger dollar. The pair shows a mild downtrend. The hawkish Fed stance contrasts with a more cautious ECB. While major FX pairs show limited explicit volatility today watch commodity-linked exotics. Oil Surges as Strait of Hormuz Enters Full Conflict Conditions. This could trigger significant volatility in pairs like USD NOK. We could see moves exceeding 50 pips. Central banks are active. The Fed maintains a hawkish bias due to inflation concerns. Meanwhile the BOJ grapples with yen support versus bond market stability. For tomorrow watch EUR USD support at 1.1380. Resistance is firm near 1.1450. A break could signal a 30-pip move. Stay precise. This is