July 2026 FX Market Recap: Major Currencies in Review

Overview

July 2026 brought another month of two-way moves across the major currency pairs. In this recap we summarise the broad direction of the US dollar, euro, British pound and Japanese yen, using hourly data pulled from the Rate-API.

What drove the moves

Central-bank guidance, inflation prints and risk sentiment remained the main levers. Rather than predicting direction, most teams we work with simply track the official mid-market rate and react to it programmatically.

Pull the data yourself

You can reproduce this recap with a single request:

curl "https://rate-api.com/api/v1/latest?base=USD&symbols=EUR,GBP,JPY" \
  -H "X-API-Key: YOUR_KEY"

For history, hit /api/v1/historical?date=2026-7-15.