Before the day's releases hit, here is the state of play across the majors. Gold (XAU/USD) climbed to 4,097 (+0.73%), while USD/ZAR sold off sharply at 16.65 (-0.96%).

Market snapshot

  • EUR/USD 1.1418 (+0.36%)
  • GBP/USD 1.3358 (+0.34%)
  • USD/JPY 163.53 (-0.18%)
  • AUD/USD 0.7013 (+0.66%)
  • USD/ZAR 16.65 (-0.96%)
  • Gold (XAU/USD) 4,097 (+0.73%)

What's moving markets

  • Oil: Mounting supply risks and price pressures – Commerzbank *(FXStreet)*
  • EUR/GBP Price Forecast: In a positive trend with bulls eyeing 0.8555 resistance *(FXStreet)*
  • What are the main events for today? *(ForexLive)*
  • Euro: September hike outlook offers support against US Dollar – UOB *(FXStreet)*
  • Asia FX firms as oil slump dents dollar strength *(Investing.com)*

On today's calendar

  • No high-impact releases scheduled.

Tip of the day: Survive first, compound second

Ten consecutive losses at 1% risk costs about 9.6% of the account. At 2%, it costs 18.3%. Halving risk roughly doubles the losing streak you can survive.

Planning trades around today's events? The prop firm calculator shows how much risk per trade your daily limit actually allows.

*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.*