Another trading day in the books; this is how the board closed. Gold (XAU/USD) finished the strongest of our board, advanced to 4,390 (+0.58%), while USD/ZAR brought up the rear, closing at 16.10 (-0.61%).
Closing board
- EUR/USD 1.1602 (-0.07%)
- GBP/USD 1.3529 (+0.15%)
- USD/JPY 153.55 (-0.60%)
- AUD/USD 0.7173 (+0.24%)
- USD/ZAR 16.10 (-0.61%)
- Gold (XAU/USD) 4,390 (+0.58%)
What drove the session
- investingLive Americas FX news wrap 11 Sept: US CPI raises odds for Fed rate hike *(ForexLive)*
- Dollar up on Fed rate hike bets, yen set for first two-week win streak since May *(Investing.com)*
- US August Federal budget deficit $167 billion vs $404 billion expected *(ForexLive)*
- UMich September consumer sentiment 47.8 vs 51.0 expected *(ForexLive)*
- Some anniversaries aren’t meant to be celebrated. They are simply remembered and never forgotten. *(ForexLive)*
Tomorrow's watchlist
- No high-impact releases scheduled.
Discipline check: Backtest with real ticks or not at all
Interpolated price data flatters almost every strategy. If the backtest was not run on real tick data with variable spread, treat the equity curve as fiction.
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.*
