Forex Morning Briefing — 20 August 2026

Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) ripped higher to 4,538 (+1.07%), while USD/ZAR slid steeply at 16.09 (-0.98%).

Market snapshot

• EUR/USD 1.1680 (+0.87%)
• GBP/USD 1.3606 (+0.51%)
• USD/JPY 158.62 (-0.58%)
• AUD/USD 0.7117 (+0.50%)
• USD/ZAR 16.09 (-0.98%)
• Gold (XAU/USD) 4,538 (+1.07%)

What's moving markets

• Germany July producer prices +1.1% vs +0.7% m/m expected *(ForexLive)*
• Will the US Treasury buyback be a game changer for markets? *(ForexLive)*
• Indonesian Rupiah strengthens as BI to focus on currency stability *(FXStreet)*
• WTI Price Forecast: Bulls seem hesitant below $85.00 and 61.8% Fibo. hurdle *(FXStreet)*
• GBP/USD Price Forecast: Strengthens above 1.3600 as bullish trend holds above 100-day SMA *(FXStreet)*

On today's calendar

• Thu 12:30 UTC — USD Philly Fed Manufacturing Index — forecast 24.1, previous 41.4
• Thu 12:30 UTC — USD Unemployment Claims — forecast 210K, previous 209K

Tip of the day: Weekend gaps do not honour stops

Friday-close positions can reopen Monday far beyond your stop-loss. If a gap through your stop would breach a rule, flatten before the close.

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.*