With the daily candle printed, here is the session scorecard. USD/ZAR finished the strongest of our board, climbed to 16.16 (+0.40%), while Gold (XAU/USD) brought up the rear, closing at 4,376 (-1.25%).
Closing board
- EUR/USD 1.1596 (-0.19%)
- GBP/USD 1.3518 (-0.24%)
- USD/JPY 160.16 (+0.26%)
- AUD/USD 0.7146 (-0.38%)
- USD/ZAR 16.16 (+0.40%)
- Gold (XAU/USD) 4,376 (-1.25%)
What drove the session
- India: Growth and inflation forecasts revised higher – UOB *(FXStreet)*
- investingLive Americas FX news wrap 1 Sept: It's a wrap but not for the Iran War. Fighting resumes. *(ForexLive)*
- Asia FX: KRW and MYR lead firmer profile vs USD – OCBC *(FXStreet)*
- Singapore Dollar: Volatility widens range-trading band against US Dollar – UOB *(FXStreet)*
- Dollar rises on safe haven boost amid U.S.-Iran escalation, bond sell-off *(Investing.com)*
Tomorrow's watchlist
- Wed 01:30 UTC — AUD GDP q/q (high impact) — forecast 0.3%, previous 0.3%
- Wed 02:00 UTC — NZD Official Cash Rate (high impact) — forecast 2.75%, previous 2.50%
- Wed 02:00 UTC — NZD RBNZ Monetary Policy Statement (high impact)
- Wed 02:00 UTC — NZD RBNZ Rate Statement (high impact)
- Wed 03:00 UTC — NZD RBNZ Press Conference (high impact)
- Wed 13:45 UTC — CAD BOC Rate Statement (high impact)
Discipline check: Measure drawdown from the peak
A 10% gain followed by a 10% loss leaves you down 1% — and down 10% from the high-water mark. Firms measure from the peak; so should you. Try the drawdown calculator.
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.*
