Forex Focus — Sep 20, 2026, 09:00 UTC

Transcript

The Japanese Yen plunged to a four-decade low against the dollar this week. The DXY continues its upward trajectory, driven by a hawkish Federal Reserve. The Fed is now expected to hike rates for the first time since 2023. This increases global commerce funding costs, per recent headlines. EUR/USD trades at 1.1477, down a mere one pip today. The pair remains under pressure, eyeing 1.1450 support. A 25 basis point Fed hike would push it lower. USD/JPY surged 0.05% to 157.14, reflecting significant yen weakness. This signals a widening carry trade differential, fueled by BOJ dovishness. The Fed's hawkish stance contrasts sharply with the BOJ. The ECB, however, remains cautious, awaiting fresh inflation data. For tomorrow, watch EUR/USD support at 1.1450 and resistance at 1.1500. USD/JPY faces resistance near 157.50. Despite overall market "Greed" at 71, Bitcoin dipped 1.28% to $80,223. That's your Forex Focus on rawfin.tv.