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Pound Falls as Fed Signals Higher-for-Longer

July 31, 2026 6:08 am
Key Moments GBP/USD retreats to around 1.3450 in Asian trading after three consecutive daily gains. A hawkish Federal Reserve pause and a 9-3 FOMC vote highlight internal policy divisions that support the US Dollar. The Bank of England holds rates in a 6-3 decision, with TD Securities noting a hawkish dissent and a committee still […] Read more

AUD Retreats on Weak China PMI, Cooler Inflation

July 31, 2026 6:05 am
Key Moments AUD/USD trades around 0.7020 in Asian hours on Friday after giving back part of the prior day’s gain of over 1% China’s NBS Manufacturing PMI drops to 49.2 in July from 50.3 previously, falling below the 50.0 consensus and into contraction Soft Q2 inflation in Australia and a perceived RBA pause contrast with […] Read more

PBOC Sets Yuan Fix Slightly Weaker Against Dollar

July 31, 2026 5:47 am
Key Moments The People’s Bank of China set Friday’s USD/CNY central parity at 6.7894, marginally above the prior fix of 6.7892. The PBoC’s primary goals include maintaining price and exchange rate stability while supporting economic growth and financial market development. China’s monetary framework relies on multiple tools, including the seven-day Reverse Repo Rate, MLF, RRR, […] Read more

Terex Jumps After Earnings Beat and Upgraded 2026 Outlook

July 30, 2026 1:26 pm
Key Moments Terex Corporation shares climbed 3.8% in pre-market trading after reporting second-quarter 2026 results that exceeded expectations on revenue and earnings. Management raised its 2026 outlook, targeting sales of $7.9 billion to $8.2 billion and Adjusted EBITDA of $960 million to $1 billion. Analyst sentiment remained favorable heading into the release, with recent Buy […] Read more

Lam Research Soars After Record Results and Strong Outlook

July 30, 2026 10:28 am
Key Moments Lam Research shares jumped 7.8% in pre-market trading after it reported record quarterly and full-year financial results. June-quarter revenue reached $6.72 billion, with gross margin at 52% and diluted EPS at $1.82, all at record or multi-decade highs. Management projected September-quarter revenue of $8.1 billion (plus or minus $400 million) and EPS of […] Read more

Starbucks Surges After Strong Results, Forecast Raise

July 30, 2026 9:56 am
Key Moments Starbucks stock climbed 5.2% in pre-market trading after a fiscal third-quarter earnings beat and higher full-year guidance. Adjusted EPS of $0.85 and consolidated net revenue of $9.3 billion exceeded expectations, supported by a 7.9% increase in global comparable store sales. The stock’s pre-market price of $109.56 moved above the previous 52-week high of […] Read more

Qualcomm Falls as Margin Pressure Offsets Revenue

July 30, 2026 9:36 am
Key Moments Qualcomm Inc (NASDAQ:QCOM) reported third-quarter revenue of $9.95 billion, topping estimates but declining 4% year over year from $10.37 billion. Fourth-quarter adjusted EPS guidance of $2.05 to $2.25, with a midpoint of $2.15, came in below the analyst consensus of $2.35 and pushed the stock down more than 5% in premarket trading. Automotive […] Read more

GBP/JPY Steady Above 218 Ahead of Central Banks

July 30, 2026 7:26 am
Key Moments GBP/JPY trades just above 218.00, easing less than 0.15% after rebounding from a two-week low near 217.15. Investors await the Bank of England decision, with headline UK CPI at 2.6% in June but still above the 2% target. Speculation about potential Japanese intervention and the upcoming BoJ decision keeps traders cautious on GBP/JPY […] Read more

XRP, XLM Range Near Key Levels as Positioning Shifts

July 30, 2026 6:59 am
Key Moments XRP holds above the $1.000 psychological support, while XLM tests support near $0.173. Derivatives data shows a bullish bias for XRP, with a long-to-short ratio of 1.02, while XLM shows bearish positioning at 0.84. However, momentum indicators and moving averages limit upside for both tokens. XRP trades below key EMAs, while XLM remains […] Read more

Gold Retreats on Stronger Dollar, Fed Outlook

July 30, 2026 6:34 am
Key Moments Gold (XAU/USD) extends its pullback from the $4,100 area after failing to hold a one-week high. Firm Fed rate-hike expectations and heightened US-Iran tensions support the US Dollar, weighing on bullion. Technical signals still favor downside risk for XAU/USD, with $4,000 and the 200-day SMA at $4,490.80 in focus. Fundamentals: Dollar Strength and […] Read more