Forex Morning Briefing — 31 July 2026

A quick read on the currency board before the trading day builds momentum. AUD/USD surged to 0.7038 (+1.13%), while USD/JPY slid steeply at 160.46 (-1.74%).

Market snapshot

• EUR/USD 1.1521 (+0.47%)
• GBP/USD 1.3456 (+0.66%)
• USD/JPY 160.46 (-1.74%)
• AUD/USD 0.7038 (+1.13%)
• USD/ZAR 16.48 (-1.07%)
• Gold (XAU/USD) 4,141 (+0.99%)

What's moving markets

• Japanese Yen: Intervention and cautious BoJ stance – Commerzbank *(FXStreet)*
• EUR/GBP Price Forecast: Euro is testing trendline support at 0.8555 *(FXStreet)*
• UK annual house price growth slows in July - Nationwide *(ForexLive)*
• GBP/USD Price Forecast: Weakens below 1.3450 while technical uptrend stays intact *(FXStreet)*
• Indian Rupee hits fresh two-week high against US Dollar *(FXStreet)*

On today's calendar

• Fri 06:05 UTC — JPY BOJ Press Conference (high impact)
• Fri 09:00 UTC — EUR Core CPI Flash Estimate y/y — forecast 2.4%, previous 2.4%
• Fri 09:00 UTC — EUR CPI Flash Estimate y/y — forecast 2.9%, previous 2.8%
• Fri 12:30 UTC — CAD GDP m/m (high impact) — forecast 0.2%, previous 0.5%
• Fri 12:30 UTC — USD Employment Cost Index q/q — forecast 0.8%, previous 0.9%
• Fri 14:00 UTC — USD Revised UoM Consumer Sentiment — forecast 53.9, previous 54.4
• Fri 14:00 UTC — USD Revised UoM Inflation Expectations, previous 4.2%

Tip of the day: Let winners pay for the discipline

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*This briefing is generated from live market data and public news feeds for information only. It is not investment advice. Trading forex and CFDs carries a high risk of loss — read our risk disclosure.*