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Australian Dollar Holds Firm as Softer Fed Outlook Weighs

July 3, 2026 6:14 am
Key Moments AUD/USD traded higher for a second consecutive session, hovering near 0.6930 after an earlier dip toward 0.6910. China’s RatingDog Services PMI eased to 54.1 in June from 54.4, but remained in expansion territory, lending support to the AUD. Weak U.S. labor data tempered expectations for future Fed rate hikes, though geopolitical tensions limited […] Read more

Yen Firms as Traders Reassess U.S. Jobs Data, Intervention

July 3, 2026 5:58 am
Key Moments USD/JPY retreated from the 161.50 area and traded near 161.00, extending a two-day pullback from its highest level since 1986. Softer June U.S. Nonfarm Payrolls and a revision lower to the prior month’s data curbed enthusiasm for further Federal Reserve rate hikes. Reports of a shift in Japan’s intervention tactics and elevated geopolitical […] Read more

Goldman Sachs Downgrades SkyWest on Weaker Growth Outlook

July 2, 2026 2:30 pm
Key Moments Goldman Sachs lowered SkyWest’s rating to Neutral from Buy and reduced its price target to $108 from $126. Analysts now project 2026 block hour growth of 3.0%, down from a prior estimate of 3.5%, reflecting weaker partner capacity expansion. Despite the downgrade on SkyWest, Goldman raised third-quarter and fourth-quarter 2026 industry net income […] Read more

Rivian Shares Jump as Q2 Deliveries Blow Past Expectations

July 2, 2026 2:21 pm
Key Moments Rivian stock rose 6.8% in pre-open trading after releasing its second-quarter 2026 production and delivery figures. The company reported 12,194 vehicle deliveries and 12,613 units produced, surpassing its prior guidance of 9,000 to 11,000 deliveries. Rivian raised its full-year 2026 delivery outlook to 65,000–70,000 vehicles, citing stronger-than-expected R2 ramp performance. Stronger-Than-Guided Q2 Production […] Read more

Netflix Slides as Valuation Nears Historic Lows

July 2, 2026 1:50 pm
Key Moments Netflix Inc (NASDAQ: NFLX) shares recently traded just above $73 following a 10-for-1 stock split in November 2025, leaving the stock down nearly 45% over the past 12 months. The company reported stronger first-quarter revenue, operating income and full-year margin guidance while revenue sits at an all-time high. Despite the sharp decline and […] Read more

Microsoft Commits $2.5 Billion to New AI Integration Venture

July 2, 2026 1:15 pm
Key Moments Microsoft is forming Microsoft Frontier Company with $2.5 billion in funding to help enterprises choose and implement AI technologies. The new entity will work with customers including Unilever and Novo Nordisk to integrate a mix of Microsoft and third-party AI models. Clients will retain ownership of the AI solutions developed with their internal […] Read more

Swiss Franc Firms as Markets Eye Inflation

July 2, 2026 9:00 am
Key Moments USD/CHF trades near 0.8085 in early European dealing as the US Dollar weakens against the Swiss Franc. Traders focus on upcoming Swiss CPI and US Nonfarm Payrolls data later Thursday for direction. The Swiss National Bank reports a challenging environment but says the domestic banking sector remains well positioned. USD/CHF Under Pressure Ahead […] Read more

EUR/JPY Dips but Holds Bullish Structure Above Support

July 2, 2026 7:54 am
Key Moments EUR/JPY traded around 184.95 in early European dealings on Thursday, posting modest losses while staying near recent highs. Eurozone HICP inflation eased to 2.8% YoY in June from 3.2% in May, coming in below the 3.0% consensus forecast. Immediate resistance sits at 185.00, with initial technical support clustered around 184.90 and the 100-day […] Read more

Gold Edges Higher as Softer Dollar Caps Fed Pressure

July 2, 2026 7:36 am
Key Moments Gold (XAU/USD) moved higher for a second session amid a modest pullback in the US Dollar. Markets continued to price in around a 64% chance of a Fed rate hike in September and nearly an 85% probability of an increase by year-end. Investors remained cautious ahead of the US Nonfarm Payrolls release, a […] Read more

Euro Hits 1-Year Low vs Pound on Soft Inflation

July 1, 2026 1:55 pm
Key Moments EUR/GBP trades around 0.8598, marking its weakest level since July 2025. Eurozone headline HICP inflation slows to 2.8% YoY in June, missing the 3.0% forecast and down from 3.2% in May. ECB and BoE policy signals and UK political uncertainty shape market expectations for future rate moves. Euro Weakens After Eurozone Data Surprise […] Read more