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USD/JPY plunges below 160.00 on suspected intervention

USD/JPY came under heavy selling pressure and dropped well below 160.00 in the American session on Thursday, losing nearly 3% in the process. The intensity of the decline suggests that there could be an intervention in foreign exchange markets by Japanese authorities.

GBP/USD advaces beyond 1.3450 after BoE decision, US Q2 GDP

GBP/USD gains positive momentum on Thursday, surpassing 1.3450 and trading at fresh multi-week highs. The Bank of England decided to maintain the benchmark rate unchanged at 3.75%. The MPC voted 6-3 to keep rates on hold, with the 3 dissenters favoring a rate hike. US Q2 GDP missing expectations helped the pair advance, while renewed US Dollar weakness across the FX board pushed the pair further up ahead of the monthly close.

Gold recovers the $4,100 level as US Dollar weakens further

Gold trades just above $4,100 amid a US Dollar sell-off. The Greenback enjoyed some near-term demand following Wednesday's post-FOMC downfall, but was unable to retain its gains. The preliminary estimate of the US Q2 GDP showed the economy grew at an annual rate of 1.5%, missing the market's expectations of 2.1%.

EUR/USD confortable around 1.1530, highest in six weeks

The EUR/USD pair trades around 1.1530 in the American session on Thursday, reaching fresh six-week highs. The US Dollar is in sell-off mode, with multiple factors weighing on the American currency. Not only did the Federal Reserve vote divided to keep rates on hold on Wednesday, creating doubts about a September hike, but US Q2 GDP missed expectations. A suspected JPY intervention adds pressure on the Greenback.

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DEEPER DIVE

Land of confusion: Why the global bond sell-off may be far from over

Government borrowing costs have climbed sharply across the world as higher Oil prices revive inflation fears and force investors to reconsider whether the main central banks have finished raising interest rates. The sell-off has spread across the G10 space, lifting yields on everything from US Treasuries and British gilts to German Bunds, Japanese government bonds (JGB) and Australian debt (AGB).

9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?

The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.

Australian Dollar outlook: Chances of another rally won’t be decided in Canberra, but in Washington

The Australian Dollar (AUD) rode a rollercoaster in the first half of the year, hitting a four-year high and then correcting. The currency enters the second half with an outlook full of uncertainty due to renewed hostilities in the Middle East, which clouds the inflation outlook and interest rates.

CRYPTOCURRENCIES

Ripple Price Forecast: XRP builds recovery momentum as whales increase exposure

Ripple (XRP) rises toward the pivotal $1.10 resistance on Thursday, marking three consecutive days of gains. This neutral-to-slightly bullish outlook follows the Federal Reserve (Fed) decision to leave interest rates unchanged in the 3.50%-3.75% range.

Bitcoin Price Forecast: BTC recovery pauses as hawkish Fed, US-Iran tensions weigh on sentiment

Bitcoin (BTC) steadies above a key support zone on Thursday, consolidating near $64,000 after a modest rebound earlier this week. Fresh inflows into BTC spot Exchange Traded Funds (ETFs) has provided some support.

Crypto Today: Bitcoin, Ethereum, XRP trade sideways as US-Iran tensions intensify

The crypto market is trading in neutral-to-slightly bullish conditions on Thursday, with Bitcoin (BTC) holding above $64,000 while its immediate upside remains capped. Ethereum (ETH) hovers above the $1,900 short-term support level while Ripple (XRP) struggles to gain momentum ahead of a potential nail $1.10 breakout.

STOCKS

Warning signs in the stock market: Is this the top, or just a very short fuse?

Overnight, South Korea's Kospi fell more than 10%, SK Hynix lost close to 15% and Samsung Electronics lost 13%. Into that, Dow Jones Industrial Average futures traded up around 1% on paint and soft drinks, and S&P 500 futures sat roughly flat. An index that absorbs a memory-chip panic and prints nothing is not a calm market.

Nasdaq 100 rebound looks strong… or is it just a trap?

The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.

WEEKLY FORECAST

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.

Here's where the Canadian Dollar is headed next: 4 bearish scenarios and a bullish one

The Canadian Dollar (CAD) has ridden a volatile first half of the year, with Oil prices surging and then falling as markets danced to the Middle East’s tune. Neither the Bank of Canada nor the Federal Reserve has changed rates so far this year, and the USD/CAD's next move may depend on which of the two banks fails to deliver what markets expect.

Gold Price Forecast: 3 scenarios that could define the rest of 2026

Gold (XAU/USD) delivered a masterclass in volatility in the first half of the year, rising more than 20% in the January-February period before entering a downtrend that saw the precious metal lose nearly 30% from March to the end of the second quarter.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.

Silver mid-year outlook: From record high to record crash. Can the metal return to $100?

Silver’s spectacular rise and brutal collapse in 2026 may look like the classic boom and bust story. But the metal’s rollercoaster ride is more complex: Silver was caught in the crossfire of the Iran war as investors fled precious metals, the US Dollar strengthened and rate-cut expectations faded.

Week ahead – Fed, BoE and BoJ face inflation test as markets reprice interest rate paths

The US dollar gained against the other major currencies this week amid the escalating tensions in the Middle East as well as US President Trump’s decision to proceed with a new round of tariffs after previously imposed levies expired.

EDUCATION

Something has gone completely wrong in enterprise AI

There is a moment in every boom when the music is still playing, the lights are still flashing, and someone finally notices that the bar tab has been left on the table. That is roughly where enterprise AI feels today.

The psychology of Gold buying during periods of market uncertainty

Historically, gold is considered a reliable investment avenue, especially in times of market uncertainty. Modern economies are based on fiat currency, where the value is determined by government decree and public trust.

PRESS RELEASES

GivTrade Strengthens Its Multi-Jurisdiction Regulatory Structure and Reinforces Operational Transparency

Dubai, UAE, July 28th, 2026,

XTB Institutional Expands Commodity Offering and Extends Friday Trading Hours

Five new commodity instruments and trading availability until 23:00 CEST/CET give brokers broader end-of-week market access.

OpenAI vs Anthropic? Versus Trade’s CEO Vitalii Bulynin on AI’s Future in Trading

Artificial Intelligence, or AI, has quickly become the biggest buzzword conversation in retail trading. Every broker is talking about it, every fintech is building around it, and every trader is trying to understand whether AI will become the next competitive edge.

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