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July 24, 2026 3:22 AM GMT

United States Dollar Index holds gains near 101.50 on revival of hawkish Fed bets

The US Dollar (USD) clings to the previous day’s gains in the Asian session on Friday, as surging oil prices due to intensified Middle East energy supply risks have revived Federal Reserve (Fed) interest rate hike expec…

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July 24, 2026 2:39 AM GMT

Silver Price Forecast: XAG/USD holds gains above $57.50 despite rising Fed rate hike odds

Silver price (XAG/USD) inches higher after registering over 4% losses in the previous day, trading around $57.60 per troy ounce during the Asian hours on Friday. However, higher oil prices tied to Middle East tensions a…

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July 24, 2026 2:19 AM GMT

British Pound rebounds above 1.3300 ahead of UK Retail Sales data

The GBP/USD pair recovers some lost ground to near 1.3325, snapping the five-day losing streak during the Asian trading hours on Friday. However, the potential upside might be limited amid heightened military tensions i…

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July 24, 2026 2:06 AM GMT

Canadian Dollar edges higher vs soft USD; bulls seem hesitant amid mixed cues

The USD/CAD pair attracts fresh sellers during the Asian session on Friday and currently trades around the 1.4070 zone, down 0.10% for the day amid a softer US Dollar (USD). Spot prices, however, hold above the previous…

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July 24, 2026 1:45 AM GMT

Euro rises as US Dollar weakens despite rising Middle East tensions

EUR/USD gains ground after posting modest losses in the previous day, trading around 1.1380 during the Asian hours on Friday. However, the potential upside for the pair could be limited as the US Dollar (USD) may regain…

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July 24, 2026 1:21 AM GMT

Australian Dollar rebounds vs USD; Trump's tariffs and US-Iran tensions cap gains

The AUD/USD pair attracts some buyers during the Asian session on Friday and reverses a part of the previous day's slide back to the weekly trough. The mixed fundamental backdrop, however, warrants caution before confir…

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July 24, 2026 1:16 AM GMT

Japanese Yen flatlines near multi-decade low after CPI inflation data

The USD/JPY pair holds steady near 163.90 during the early Asian session on Friday. However, the Japanese Yen (JPY) remains near a multi-decade low against the US Dollar (USD). The preliminary readings of the US S&P Glo…

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July 24, 2026 1:15 AM GMT

PBOC sets USD/CNY reference rate at 6.7939 vs. 6.7906 previous

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7939 compared to the previous day's fix of 6.7906 and 6.7795 Reuters estimate.

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July 24, 2026 1:12 AM GMT

10% weekly surge: WTI holds above $90.00 amid middle east escalation

West Texas Intermediate (WTI) oil price halts its three-day winning streak, trading around $90.20 per barrel during the Asian hours on Friday. However, WTI crude price is on track to surge over 10% this week. The dramat…

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July 24, 2026 1:09 AM GMT

Scribe Therapeutics prices IPO at $15 per share on Nasdaq

July 21, 2026, 3:50 AM EDT. The U.S. dollar traded near a one-week peak as investors tracked Middle East hostilities affecting energy supply chains and weighing on ceasefire prospects. The greenback was flat against the…

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July 24, 2026 1:03 AM GMT

SpaceX delays Starship’s 13th test flight to Friday due to weather

Editor's note: SpaceX has delayed the launch of its Starship Flight 13 test flight to Friday, July 24, due to weather. Our guide below has been updated with the date and time.

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July 24, 2026 12:20 AM GMT

US President Donald Trump imposes new tariffs on dozens of trade partners

The United States (US) will impose new tariffs of between 10% and 12.5% on imports from most major trading partners, its biggest move yet to reconstruct US President Donald Trump’s tariff wall that was pierced by the Su…

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July 24, 2026 12:03 AM GMT

US President Donald Trump vows to punish Iran for Houthi attacks in Red Sea

US President Donald Trump said that the US would hold Iran responsible for the Houthis’ actions and warned that Iran and its Houthi allies would both soon receive a “major military punishment,” Reuters reported on Thurs…

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July 23, 2026 11:52 PM GMT

US military launches 13th consecutive night of strikes on Iranian military targets

The US Central Command (CENTCOM) said it is attacking Iran for the 13th consecutive night, the Guardian reported on Friday. The US military stated that this action aims to hold Iran accountable and diminish threats from…

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July 23, 2026 11:37 PM GMT

Gold slumps to near $4,050 as Middle East conflict fuels inflation worries

Gold price (XAU/USD) faces some selling pressure to around $4,050 during the early Asian session on Friday. The precious metal retreats from a two-month high as rising tensions in the Middle East war lift oil prices, ha…

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July 23, 2026 11:24 PM GMT

Wall St falls as tech earnings spark AI spending worries and oil hits $100

NEW YORK - Wall Street indexes closed lower on July 23 with Nasdaq sinking more than 2 per cent as the latest earnings updates from large technology companies revived concerns about heavy AI spending, while soaring oil …

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July 23, 2026 10:26 PM GMT

EUR/JPY extends rally as ECB hike buzz tests Yen risks

The EUR/JPY extends its advance for the third straight day, set to end the week with solid gains as traders brace for the end of the week. The shared currency didn’t capitalise on the hawkish forward guidance by the Eur…

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July 23, 2026 9:49 PM GMT

Indonesian Rupiah: BI may still need to tighten – MUFG

MUFG’s Lloyd Chan reports that Bank Indonesia kept its policy rate at 5.75%, surprising expectations for a hike, as recent Rupiah stabilization allowed policymakers to stay on hold. Governor Perry Warjiyo favors targete…

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July 23, 2026 9:44 PM GMT

New Zealand Dollar falls as strong US labor data supports the Dollar

NZD/USD trades lower near the 0.5770 area on Thursday as the US Dollar (USD) strengthens following better-than-expected United States (US) labor-market data. Renewed geopolitical uncertainty is also supporting safe-have…

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July 23, 2026 8:59 PM GMT

GBP/JPY Price Forecast: Holds 218 floor as bulls eye 219 breakout

The GBP/JPY rotates for the third straight day, as a ‘bullish harami’ chart pattern opens the door for further upside, but intervention fears by Japanese authorities cap the cross-pair advance. The GBP/JPY trades at 218…

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July 23, 2026 8:54 PM GMT

Singapore Dollar: Sideways range holds against US Dollar – UOB

United Overseas Bank’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain directionless in the near term, with intraday trading confined to a tight 1.2900–1.2925 band. Over the coming weeks, the pair is seen oscill…

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July 23, 2026 8:49 PM GMT

Forex Today: US Dollar rises as strong labor data and Middle East tensions lift Oil

The US Dollar strengthened across the board on Thursday as resilient United States labor data and escalating hostilities in the Middle East support demand for the Greenback. Initial Jobless Claims fell to 187K in the we…

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July 23, 2026 8:18 PM GMT

Intel sales, profit forecast beat estimates; company boosts spending plans on AI boom

The memory semiconductor sector is experiencing explosive growth, with industry revenue surging 78% in 2024 to $170 billion, positioning these stocks for exceptional returns before the anticipated 2026 market boom.

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July 23, 2026 8:11 PM GMT

Indonesian Rupiah: BI uses incentives over hikes – Commerzbank

Commerzbank’s Charlie Lay reports Bank Indonesia kept the BI Rate at 5.75%, choosing targeted capital-flow incentives over further tightening to support the Indonesian Rupiah. BI cut hedging costs and improved macroprud…

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