USD is trading 3.2% higher in pre-market on July 30, 2026, as the semiconductor and technology sectors rebound from sharp declines triggered by AI spending concerns and Fed-related volatility.
- The recovery aligns with firmer U.S. equity futures and a bounce in major chip names as investors digest the Federal Reserve's decision to maintain steady interest rates.
- Market sentiment is stabilizing following a period of pressure driven by fears of increased Chinese chip competition and uncertainty surrounding the tech sector's growth trajectory.
- Traders are now shifting their focus toward upcoming GDP and inflation data for further clarity on the macroeconomic outlook.