The 5pm New York close has locked in the day's moves. Gold (XAU/USD) finished the strongest of our board, rallied hard to 4,716 (+1.62%), while USD/ZAR brought up the rear, closing at 15.92 (-0.46%).
Closing board
- EUR/USD 1.1677 (+0.07%)
- GBP/USD 1.3650 (+0.09%)
- USD/JPY 159.19 (+0.03%)
- AUD/USD 0.7165 (+0.14%)
- USD/ZAR 15.92 (-0.46%)
- Gold (XAU/USD) 4,716 (+1.62%)
What drove the session
- Chinese Yuan: Bullish bias with focus on 6.7000 against US Dollar – UOB *(FXStreet)*
- New Zealand Dollar climbs to fresh highs amid timid US Dollar *(FXStreet)*
- Singapore Dollar: Range-bound consolidation outlook against US Dollar – Commerzbank *(FXStreet)*
- investingLive Americas market news wrap: Some late talk of Iran peace *(ForexLive)*
- Reports of US-Iran ceasefire deal, sinks Oil – RIA Novosti *(FXStreet)*
Tomorrow's watchlist
- Wed 01:30 UTC — AUD CPI m/m (high impact) — forecast 0.9%, previous -0.1%
- Wed 01:30 UTC — AUD CPI y/y (high impact) — forecast 3.3%, previous 3.8%
- Wed 01:30 UTC — AUD Trimmed Mean CPI m/m (high impact) — forecast 0.4%, previous 0.3%
- Wed 12:30 UTC — USD Core PCE Price Index m/m (high impact) — forecast 0.2%, previous 0.1%
- Wed 12:30 UTC — USD Prelim GDP q/q (high impact) — forecast 1.5%, previous 1.5%
Discipline check: Survive first, compound second
Ten consecutive losses at 1% risk costs about 9.6% of the account. At 2%, it costs 18.3%. Halving risk roughly doubles the losing streak you can survive.
If today's swings tested your limits, measure them properly: the drawdown calculator shows what a losing streak really costs.
*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.*
