The overnight session has set the table — here is what traders are waking up to. Gold (XAU/USD) surged to 4,451 (+1.61%), while USD/ZAR drifted lower at 16.13 (-0.31%).

Market snapshot

  • EUR/USD 1.1598 (+0.54%)
  • GBP/USD 1.3560 (+0.51%)
  • USD/JPY 158.96 (-0.29%)
  • AUD/USD 0.7123 (+0.84%)
  • USD/ZAR 16.13 (-0.31%)
  • Gold (XAU/USD) 4,451 (+1.61%)

What's moving markets

  • Equities: Mixed performance across regions – Deutsche Bank *(FXStreet)*
  • Dollar dips on reduced Fed hike bets; yen gains despite weak Japan GDP *(Investing.com)*
  • British Pound: Data mix limits sustained gains against US Dollar – BBH *(FXStreet)*
  • Japanese Yen: Nominal growth underpins cautious strength – Commerzbank *(FXStreet)*
  • Silver Price Forecasts: XAG/USD approaches $66.00 favoured by a softer US Dollar *(FXStreet)*

On today's calendar

  • Mon 12:30 UTC — CAD CPI m/m (high impact) — forecast 0.4%, previous -0.4%
  • Mon 12:30 UTC — CAD Median CPI y/y (high impact) — forecast 2.0%, previous 1.9%
  • Mon 12:30 UTC — CAD Trimmed CPI y/y (high impact) — forecast 1.8%, previous 1.8%
  • Mon 12:30 UTC — CAD Common CPI y/y — forecast 2.5%, previous 2.6%

Tip of the day: Demo the news, trade the calm

If you have never watched your pair through an NFP release on demo, do that before an EA or a live position ever meets one.

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.*