Forex Focus — May 19, 2026, 11:00 UTC

Transcript

Good morning traders and welcome back to Forex Focus on rawfin.tv. I'm your FX strategist. The Dollar Index shows limited conviction today. Rising 10-year Treasury yields at 4.623 offer support. A US economic indicator at 0.84 a 2008 crisis low tempers sentiment. EUR USD remains pinned at 1.1650. Price action is flat awaiting fresh impetus. We see immediate resistance at 1.1685. Support lies at 1.1620. Exotics saw unusual volatility in the Turkish Lira. This reflects global bond selloff concerns. These conditions can often unwind carry trades. Central bank focus Bank of Japan. Breaking BOJ considers near-term rate hike. A June policy tightening decision is eyed. This hawkish tilt could test USD JPY 158.50 support. Resistance is 159.00. The Fed and ECB offered no new direct signals. Stay ahead of the curve right here