Forex Focus — May 21, 2026, 22:00 UTC

Transcript

Welcome to Forex Focus on rawfin.tv. I'm your FX strategist. The Dollar Index shows resilience today. US 5-year Treasury yields jumped 7.6 basis points. This provides significant support for the greenback. Global bond selloffs and rising oil prices also fuel dollar demand. The Fear Greed Index at 29 signals heightened risk aversion. EUR USD trades precisely at 1.1611. The pair remains firmly range-bound. It shows zero movement today. We anticipate fresh catalysts from upcoming ECB commentary. Currently the market lacks clear direction. Our central bank watch is intense. The Bank of Japan is considering a Near-Term Rate Hike. This news is creating significant volatility for JPY crosses. Expect further shifts ahead of June. The Fed maintains a hawkish stance. ECB communication remains pivotal. Regarding exotic pairs certain emerging market currencies are experiencing unusual swings. Risk aversion reflected in the VIX at 16.76 impacts these less liquid assets. Carry trades face increasing headwinds. For tomorrow EUR USD finds key support at 1.1580. Resistance is positioned at 1.1650. USD JPY faces strong resistance near 159.20. Stay sharp. This is Forex Focus