Forex Focus — May 23, 2026, 09:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv! Your institutional guide to global currency markets. The Dollar Index remains largely flat today with USD pairs showing zero movement. Central bank anticipation is the primary driver. EUR USD trades precisely at 1.1602. The catalyst for future movement is clear divergence. ECB's Wunsch signals a high probability of a June rate hike. This is a hawkish development for the Euro. For unusual volatility watch the Indonesian Rupiah. Bank Indonesia delivered a significant rate hike above forecasts. This aims to stabilize the Rupiah and creates carry trade potential. On the central bank front Kevin Warsh is now Federal Reserve Chair. His appointment signals a potentially hawkish shift. ECB's Wunsch confirms a June rate hike is likely. Elsewhere Iceland's Central Bank raised rates to 7.75 . Tomorrow for EUR USD anticipate support at 1.1580 22 pips below current levels. Resistance looms at 1.1630 28 pips higher. You're watching Forex