Before the day's releases hit, here is the state of play across the majors. Gold (XAU/USD) surged to 4,659 (+1.31%), while GBP/USD fell at 1.3589 (-0.43%).
Market snapshot
- EUR/USD 1.1658 (-0.14%)
- GBP/USD 1.3589 (-0.43%)
- USD/JPY 159.36 (+0.08%)
- AUD/USD 0.7187 (+0.30%)
- USD/ZAR 15.95 (+0.16%)
- Gold (XAU/USD) 4,659 (+1.31%)
What's moving markets
- Indonesian Rupiah weakens as domestic protests, inflation risks loom *(FXStreet)*
- Germany consumer sentiment set to improve further going into September *(ForexLive)*
- BoJ’s Himino says will balance economic data and inflation risks on rates *(FXStreet)*
- United States Dollar holds gains near 99, all eyes on Jackson Hole Symposium *(FXStreet)*
- Euro drifts higher above 1.1650 on hawkish ECB stance *(FXStreet)*
On today's calendar
- Thu 12:30 UTC — USD Unemployment Claims — forecast 208K, previous 206K
- Thu 16:15 UTC — All Jackson Hole Symposium
- Thu 23:30 UTC — JPY Tokyo Core CPI y/y — forecast 1.8%, previous 1.9%
Tip of the day: Equity, not balance
Most prop firms measure drawdown on equity, including floating losses. If you only watch closed balance, you can breach a rule without ever closing a losing trade.
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.*
