investingLive Americas FX news wrap 22 Jul. Middle east tensions keep markets on edge. Oil higher.

USDCHF was the standout FX mover in a broadly cautious session driven by rising Middle East tensions, higher oil prices, and firmer U.S. Treasury yields. The U.S. dollar ended little changed overall, but USDCHF gained 0.86% and traded near its July highs around 0.8150 as yield differentials supported the pair. Meanwhile, U.S. stocks gave back earlier gains and finished lower, led by declines in the Nasdaq and Russell 2000, as investors trimmed risk ahead of key after-hours earnings from Alphabet, Tesla, ServiceNow, IBM, and Texas Instruments. Treasury yields rose across the curve after a weak $13 billion 20-year auction, reinforcing concerns about supply and a restrictive Fed. The article also flags USDCAD and USDJPY technical levels and notes EURUSD remains range-bound ahead of the ECB decision tomorrow.