Forex & Trading·Jul 21, 2026

Economic and event calendar in Asia Wednesday, July 22, 2026 _ Japan trade data,

None of this is likely to shift around financial marekts too much upon release. I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing. This article was written by Eamonn Sheridan at investinglive.com.

Forexlive2 min readSingle source
Economic and event calendar in Asia Wednesday, July 22, 2026 _ Japan trade data,
Image · Forexlive
The gist
5-point summary · 1 min

None of this is likely to shift around financial marekts too much upon release. I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing. This article was written by Eamonn Sheridan at investinglive.com.

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investingLive Americas FX news wrap 21 Jul: USDJPY trades to a 40 year high and runs
·

investingLive Americas FX news wrap 21 Jul: USDJPY trades to a 40 year high and runs

The USD is ending the session mostly higher vs the major currencies. The one exception was the AUD where the greenback fell -0.11%. A look at the changes shows: ?? Japanese Yen:-0.42% vs USD – The yen was the day's weakest major currency, pushing USDJPY to a fresh 40-year high as rising U.S. Treasury yields and persistent policy divergence continued to favor the dollar. See post . ?? Swiss Franc:-0.37% vs USD – The dollar also posted a solid gain against the franc, extending its recent strength. ?? Canadian Dollar:-0.26% vs USD – The greenback advanced against the loonie, as the markets react to the Trump tariffs on Canada. ?? Australian Dollar:+0.11% vs USD – The Aussie outperformed the dollar modestly, with the USD slipping slightly. The pair did come off of highs that failed after breaking the 38.2% retracement target. See post . ?? Euro:-0.11% vs USD – The euro edged higher against the dollar in relatively quiet trading. ?? New Zealand Dollar:-0.15% vs USD – The kiwi also gained modestly against the greenback. ?? British Pound:-0.34% vs USD – Sterling was the strongest performer among the major currencies, posting the largest gain versus the dollar. USDJPY extended its rally to a new 40-year high, driven by higher U.S. Treasury yields and the widening policy divergence between the Federal Reserve and the Bank of Japan. Technically, the pair remains firmly in the hands of the buyers after once again finding support near its rising trendline yesterday, and pushing above the prior July high at 162.833 (close support now). The breakout confirms the bullish bias, with momentum continuing to favor additional gains as long as the pair holds above the prior old high. The next key target is not until 164.50 area. While traders remain alert to the possibility of official Japanese intervention at these elevated levels, price action continues to show that buyers are in control and willing to buy dips. Canadian Prime Minister Mark Carney said the new tariffs violate the spirit of the USMCA and warned that Canada is prepared to consider all options if the measures proceed. While Carney stressed he wants a comprehensive agreement covering all key sectors—not a partial deal—he also revealed that he and President Trump spoke and agreed to intensify negotiations in the coming weeks. Meanwhile, U.S. Trade Representative Jamieson Greer emphasized that talks remain active despite the latest escalation, saying the administration's goal is to reduce the U.S. trade deficit with Canada, encourage more manufacturing to return to the United States, and secure a trade agreement that delivers better outcomes for U.S. businesses. 2-Year Treasury:4.2636% (+4.86 bps) 5-Year Treasury:4.3712% (+4.12 bps) 10-Year Treasury:4.6301% (+3.24 bps) 30-Year Treasury:5.1333% (+1.53 bps) Dow Jones: +386.04 points (+0.74%) to 52,230.23 S&P 500: +65.92 points (+0.89%) to 7,509.21 NASDAQ: +329.13 points (+1.29%) to 25,837.21 Russell 2000: +44.97 points (+1.53%) to 2,987.40 Chip and AI stocks were the clear leaders, with investors aggressively buying back into the sector after recent weakness. Nebius Group (NBIS): +18.76% Sandisk (SNDK): +14.27% Micron (MU): +12.17% Coherent (COHR): +11.15% Lumentum (LITE): +9.41% Intel (INTC): +8.64% AMD: +8.11% Arm Holdings (ARM): +7.46% Applied Materials (AMAT): +7.39% Marvell Technology (MRVL): +6.68% Within the Dow 30, industrials, healthcare, financials, and technology stocks paced the gains. 3M (MMM): +7.33% UnitedHealth (UNH): +3.51% Caterpillar (CAT): +2.95% Goldman Sachs (GS): +2.92% NVIDIA (NVDA): +1.97% The day's weakest Dow components included: Boeing (BA): -2.22% Salesforce (CRM): -2.12% Sherwin-Williams (SHW): -1.62% Walmart (WMT): -1.61% McDonald's (MCD): -1.40% Despite those pockets of weakness, broad-based buying across technology and cyclical sectors kept the major indices near their session highs into the close. In other markets: Crude oil moved higher by over 2%. Gold is also higher by $74 or 1.85% at $4083. Silver is up $2.21 for 3.9% at $58.68 and Bitcoin is up over $1000 and $66,352 This article was written by Greg Michalowski at investinglive.com.

ForexliveSingle source
investingLive Americas FX news wrap 21 Jul: USDJPY trades to a 40 year high and runs
·

investingLive Americas FX news wrap 21 Jul: USDJPY trades to a 40 year high and runs

The USD is ending the session mostly higher vs the major currencies. The one exception was the AUD where the greenback fell -0.11%. A look at the changes shows: ?? Japanese Yen:-0.42% vs USD – The yen was the day's weakest major currency, pushing USDJPY to a fresh 40-year high as rising U.S. Treasury yields and persistent policy divergence continued to favor the dollar. See post . ?? Swiss Franc:-0.37% vs USD – The dollar also posted a solid gain against the franc, extending its recent strength. ?? Canadian Dollar:-0.26% vs USD – The greenback advanced against the loonie, as the markets react to the Trump tariffs on Canada. ?? Australian Dollar:+0.11% vs USD – The Aussie outperformed the dollar modestly, with the USD slipping slightly. The pair did come off of highs that failed after breaking the 38.2% retracement target. See post . ?? Euro:-0.11% vs USD – The euro edged higher against the dollar in relatively quiet trading. ?? New Zealand Dollar:-0.15% vs USD – The kiwi also gained modestly against the greenback. ?? British Pound:-0.34% vs USD – Sterling was the strongest performer among the major currencies, posting the largest gain versus the dollar. USDJPY extended its rally to a new 40-year high, driven by higher U.S. Treasury yields and the widening policy divergence between the Federal Reserve and the Bank of Japan. Technically, the pair remains firmly in the hands of the buyers after once again finding support near its rising trendline yesterday, and pushing above the prior July high at 162.833 (close support now). The breakout confirms the bullish bias, with momentum continuing to favor additional gains as long as the pair holds above the prior old high. The next key target is not until 164.50 area. While traders remain alert to the possibility of official Japanese intervention at these elevated levels, price action continues to show that buyers are in control and willing to buy dips. Canadian Prime Minister Mark Carney said the new tariffs violate the spirit of the USMCA and warned that Canada is prepared to consider all options if the measures proceed. While Carney stressed he wants a comprehensive agreement covering all key sectors—not a partial deal—he also revealed that he and President Trump spoke and agreed to intensify negotiations in the coming weeks. Meanwhile, U.S. Trade Representative Jamieson Greer emphasized that talks remain active despite the latest escalation, saying the administration's goal is to reduce the U.S. trade deficit with Canada, encourage more manufacturing to return to the United States, and secure a trade agreement that delivers better outcomes for U.S. businesses. 2-Year Treasury:4.2636% (+4.86 bps) 5-Year Treasury:4.3712% (+4.12 bps) 10-Year Treasury:4.6301% (+3.24 bps) 30-Year Treasury:5.1333% (+1.53 bps) Dow Jones: +386.04 points (+0.74%) to 52,230.23 S&P 500: +65.92 points (+0.89%) to 7,509.21 NASDAQ: +329.13 points (+1.29%) to 25,837.21 Russell 2000: +44.97 points (+1.53%) to 2,987.40 Chip and AI stocks were the clear leaders, with investors aggressively buying back into the sector after recent weakness. Nebius Group (NBIS): +18.76% Sandisk (SNDK): +14.27% Micron (MU): +12.17% Coherent (COHR): +11.15% Lumentum (LITE): +9.41% Intel (INTC): +8.64% AMD: +8.11% Arm Holdings (ARM): +7.46% Applied Materials (AMAT): +7.39% Marvell Technology (MRVL): +6.68% Within the Dow 30, industrials, healthcare, financials, and technology stocks paced the gains. 3M (MMM): +7.33% UnitedHealth (UNH): +3.51% Caterpillar (CAT): +2.95% Goldman Sachs (GS): +2.92% NVIDIA (NVDA): +1.97% The day's weakest Dow components included: Boeing (BA): -2.22% Salesforce (CRM): -2.12% Sherwin-Williams (SHW): -1.62% Walmart (WMT): -1.61% McDonald's (MCD): -1.40% Despite those pockets of weakness, broad-based buying across technology and cyclical sectors kept the major indices near their session highs into the close. In other markets: Crude oil moved higher by over 2%. Gold is also higher by $74 or 1.85% at $4083. Silver is up $2.21 for 3.9% at $58.68 and Bitcoin is up over $1000 and $66,352 This article was written by Greg Michalowski at investinglive.com.

ForexliveSingle source
Secretary of War Hegseth needs more money for war
·

Secretary of War Hegseth needs more money for war

It used to be the Secretary of Defense, but the high-T Pete Hegseth - the US Secretary of War - is going to Congress for urgent funds needed to replace equipment lost or damaged in combat. He is requesting $2 billion. The Senate must pass a $67 billion supplemental package. Missile forces: Trump said the U.S. was "destroying Iran's missile capabilities" and its ability to manufacture new missiles. Navy: Trump has repeatedly claimed the Iranian navy has been "annihilated" or effectively destroyed. In one statement, he said the U.S. had destroyed nearly all of Iran's naval forces, including mine-laying vessels, leaving only a handful of small fast-attack boats. Air defenses: Trump has asserted that Iranian air defenses and radar networks were "100% annihilated," saying Iran no longer had meaningful anti-aircraft capabilities. Military infrastructure: He has described strikes on facilities such as Kharg Island as having "totally obliterated" military targets, including missile bunkers, naval mine storage, and other military infrastructure. Nuclear program: Trump has said one objective was to ensure Iran "can never obtain a nuclear weapon," while more recently indicating additional strikes could target deeply buried sites such as Pickaxe Mountain. Regional proxy network: The administration has also said its goal is to prevent Iran from continuing to arm and direct proxy groups throughout the Middle East. Secretary of War, Hegseth has echoed the President's assessment, saying U.S. operations have: Severely degraded Iran's ballistic missile force. Destroyed or crippled key naval assets. Reduced Iran's ability to threaten shipping in the Strait of Hormuz. Weakened Iran's military infrastructure to the point that it would take years to rebuild. Sec. of State Rubio has said the campaign is intended to: Degrade Iran's military capabilities. Prevent Iran from acquiring a nuclear weapon. Make the world safer by reducing Iran's ability to threaten U.S. allies and international shipping. He has also emphasized that the administration's issue is with the Iranian regime rather than the Iranian people. While the administration has characterized the campaign as having devastated Iran's military, outside analysts generally assess that Iran has suffered extensive losses—particularly to its navy, air defenses, missile sites, and military infrastructure—but retains the capability to launch missiles and drones and to conduct retaliatory attacks. Recent attacks on U.S. forces and continued disruptions to shipping in the Strait of Hormuz have been cited as evidence that Iran's military capability has been significantly degraded but not eliminated. In addition to the damage to equipment, it was reported that two officers have died recently, and the hundred injured. W This article was written by Greg Michalowski at investinglive.com.

ForexliveSingle source
Tension in the middle east intensifies
·

Tension in the middle east intensifies

Recent headline news that of the Middle East includes: Iranian Army says shut down a one-way attack drone in the country's northwest. Reports from unofficial sources in Iraq said that three American helicopters from troops in the Al-Badaiya Desert in Iraq. About an hour later, the helicopters took off and flew toward Jordan. IDF says Lebanese Army personnel breached pilot area in Lebanon and Israel fired warning shots into the air. The Lebanese president is meeting with Pres. Trump today. Power sources report that there have been several explosions in Erbil, Iraq interior minister says there are sirens being sound in Bahrain. Explosions heard near the US Consulate in Erbil, Iraq The tension and confrontations are being escalated. Earlier today, President Trump struck a sharply confrontational tone toward Iran, saying the United States has no interest in meeting with Iranian officials until they are prepared to engage on U.S. terms, despite claiming Tehran is eager for talks. He reiterated that the U.S. will not allow Iran to obtain a nuclear weapon and warned that Washington is prepared to strike any site associated with Iran's nuclear ambitions. Trump characterized Iran's leadership as "very evil," said the U.S. has been restrained in its approach so far, but cautioned that Iran "has not seen anything yet." He also indicated that the U.S. is preparing to target the Pickaxe Mountain area, signaling the potential for further military action if tensions continue to escalate. Buckle up. Tensions are flaring up across the region. Crude oil is trading up $1.78 at $84.27. The US stock markets are not bothered with the NASDAQ still up 341 points or 1.34%. The S&P is up 63.7 points or 0.85%. This article was written by Greg Michalowski at investinglive.com.

ForexliveSingle source
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