A quick read on the currency board before the trading day builds momentum. Gold (XAU/USD) pushed higher to 4,393 (+0.62%), while AUD/USD weakened at 0.7075 (-0.47%).

Market snapshot

  • EUR/USD 1.1600 (+0.15%)
  • GBP/USD 1.3551 (+0.01%)
  • USD/JPY 159.18 (-0.10%)
  • AUD/USD 0.7075 (-0.47%)
  • USD/ZAR 16.23 (+0.05%)
  • Gold (XAU/USD) 4,393 (+0.62%)

What's moving markets

  • Asia FX: Lower US yields offset Oil risk – MUFG *(FXStreet)*
  • Euro trims gains against British Pound after UK CPI inflation rises to 2.9% *(FXStreet)*
  • British Pound edges up within range following hotter UK inflation data *(FXStreet)*
  • Japanese Yen: JGB spillover supports firmer JPY against US Dollar – OCBC *(FXStreet)*
  • British Pound shows limited reaction to expected increase in UK headline inflation *(FXStreet)*

On today's calendar

  • Wed 06:00 UTC — GBP CPI y/y (high impact) — forecast 2.9%, previous 2.6%
  • Wed 07:10 UTC — EUR ECB President Lagarde Speaks
  • Wed 10:15 UTC — EUR ECB President Lagarde Speaks
  • Wed 18:00 UTC — USD FOMC Meeting Minutes (high impact)
  • Wed 18:30 UTC — USD President Trump Speaks

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*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.*