Forex Daily Close — 12 November 2026

Another trading day in the books; this is how the board closed. USD/ZAR finished the strongest of our board, ripped higher to 16.76 (+1.46%), while Gold (XAU/USD) brought up the rear, closing at 3,879 (-3.03%).

Closing board

• EUR/USD 1.1058 (-0.99%)
• GBP/USD 1.3236 (-0.84%)
• USD/JPY 159.86 (+0.73%)
• AUD/USD 0.6808 (-0.90%)
• USD/ZAR 16.76 (+1.46%)
• Gold (XAU/USD) 3,879 (-3.03%)

What drove the session

• Dollar scales fresh 19-month peak, yen hits 160 for first time since September *(Investing.com)*
• Trump: I would consider a week-long campaign against Cuba *(InvestingLive)*
• Oil prices rise after Iran reports strikes *(InvestingLive)*
• US October federal budget deficit sets a record *(InvestingLive)*
• US 30-year bond auction tails as demand disappoints for second straight day *(InvestingLive)*

Tomorrow's watchlist

• Fri 13:30 UTC — USD Core PPI m/m (high impact) — forecast 0.3%, previous 0.7%
• Fri 13:30 UTC — USD PPI m/m (high impact) — forecast 0.4%, previous 1.3%

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.*