Another trading day in the books; this is how the board closed. USD/ZAR finished the strongest of our board, surged to 16.17 (+1.42%), while Gold (XAU/USD) brought up the rear, closing at 4,507 (-2.23%).

Closing board

  • EUR/USD 1.1587 (-0.58%)
  • GBP/USD 1.3537 (-0.44%)
  • USD/JPY 160.04 (+0.49%)
  • AUD/USD 0.7164 (-0.24%)
  • USD/ZAR 16.17 (+1.42%)
  • Gold (XAU/USD) 4,507 (-2.23%)

What drove the session

  • Canadian dollar slips as trade tensions, Fed outlook keep loonie under pressure *(Investing.com)*
  • investingLive Americas FX news wrap 28 Aug *(ForexLive)*
  • Malaysian Ringgit: BNM seen on steady policy path – DBS *(FXStreet)*
  • Mexican Peso tumbles as Warsh embarks on inflation fight *(FXStreet)*
  • Chinese Yuan: Undervaluation and export gains questioned – Commerzbank *(FXStreet)*

Tomorrow's watchlist

  • No high-impact releases scheduled.

Discipline check: Demo the news, trade the calm

If you have never watched your pair through an NFP release on demo, do that before an EA or a live position ever meets one.

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.*