The New York close is in — here is how the day settled. Gold (XAU/USD) finished the strongest of our board, surged to 4,520 (+3.53%), while USD/JPY brought up the rear, closing at 155.84 (-1.94%).
Closing board
- EUR/USD 1.1628 (+0.37%)
- GBP/USD 1.3528 (+0.33%)
- USD/JPY 155.84 (-1.94%)
- AUD/USD 0.7201 (+0.52%)
- USD/ZAR 15.98 (-0.51%)
- Gold (XAU/USD) 4,520 (+3.53%)
What drove the session
- Banxico’s Heath says rate cuts can wait as core inflation persists *(FXStreet)*
- Mexican Peso rescued by Waller’s dovish tilt, appreciates ahead of NFP *(FXStreet)*
- Singapore: PMI points to transitory weakness – UOB *(FXStreet)*
- The British Pound bounces on a hike argument that lost 6-3 in July *(FXStreet)*
- Dow Jones Industrial Average rallies into a payrolls print it cannot win *(FXStreet)*
Tomorrow's watchlist
- Fri 08:50 UTC — GBP BOE Gov Bailey Speaks (high impact)
- Fri 12:30 UTC — CAD Employment Change (high impact) — forecast 15.1K, previous 75.1K
- Fri 12:30 UTC — CAD Unemployment Rate (high impact) — forecast 6.4%, previous 6.4%
- Fri 12:30 UTC — USD Average Hourly Earnings m/m (high impact) — forecast 0.3%, previous 0.1%
- Fri 12:30 UTC — USD Non-Farm Employment Change (high impact) — forecast 55K, previous -23K
- Fri 12:30 UTC — USD Unemployment Rate (high impact) — forecast 4.1%, previous 4.1%
Discipline check: Size from the stop, not from hope
Decide your stop-loss distance first, then calculate lot size from your fixed risk percentage. Never pick a lot size and hope the stop fits. Our free lot size calculator does the math.
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.*
