Forex Focus — Apr 21, 2026, 09:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv! The Dollar Index sees modest bids today. Global risk aversion with the Fear Greed Index at 33 supports the DXY. EUR USD trades near 1.1778 largely consolidating. Earlier it saw a dip of about 20 pips. This followed ECB President Lagarde s dovish tone. She warned of energy shock impacts. Lagarde hinted at future rate cuts weighing on the Euro. This contrasts sharply with current hawkish Fed expectations. The market now prices in a higher probability of ECB easing. On central bank watch the ECB clearly took center stage. Their dovish stance overshadowed a quiet Fed and BOJ this week. Elsewhere select emerging market exotics show unusual volatility. This reflects a nuanced risk-on risk-off dynamic. Carry trade strategies face increased scrutiny. Tomorrow traders eye key levels. EUR USD support is firming near 1.1750. Resistance looms around 1.1800 about 22 pips above current levels. A break either way could define the next move. Stay ahead with