Forex Focus — May 29, 2026, 22:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv! Global markets are navigating heightened geopolitical tensions. The Dollar Index shows renewed strength. News of US strikes near Hormuz is driving safe-haven flows. This underpins the greenback broadly. EUR USD trades flat at 1.1643 showing minimal intraday movement. However the stronger dollar narrative pressures the pair. Watch for a test of 1.1600 support. That's 43 pips below current levels. Elsewhere USD TRY exhibits unusual volatility. The pair surged over 1.5 nearing 32.85 amid broader emerging market risk-off sentiment. Central bank watch The Fed maintains a hawkish stance. The ECB is signaling potential dovish shifts. The BOJ continues to monitor yen weakness with USD JPY at 159.31. Tomorrow key EUR USD support lies at 1.1600. Resistance is at 1.1680. For USD JPY look to 159.00 as support with resistance near 159.50. Stay sharp out there. For comprehensive market analysis