Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) strengthened to 4,635 (+0.55%), while EUR/USD traded flat at 1.1651 (-0.03%).
Market snapshot
- EUR/USD 1.1651 (-0.03%)
- GBP/USD 1.3593 (-0.03%)
- USD/JPY 159.49 (+0.15%)
- AUD/USD 0.7203 (+0.30%)
- USD/ZAR 15.99 (+0.29%)
- Gold (XAU/USD) 4,635 (+0.55%)
What's moving markets
- Euro extends losses below 1.1650 with all eyes on Jackson Hole *(FXStreet)*
- British Pound: Limited downside inside tight corridor against US Dollar – UOB *(FXStreet)*
- Euro: ECB hike view supports range against US Dollar - Danske Bank *(FXStreet)*
- GBP/USD Price Forecast: Holds steady to near 1.3600, with bullish bias intact above 100-day SMA *(FXStreet)*
- Aussie dollar set for strong week as hot inflation boosts RBA hike bets *(Investing.com)*
On today's calendar
- Fri 12:30 UTC — CAD GDP m/m (high impact) — forecast 0.2%, previous 0.3%
- Fri 14:00 UTC — USD Fed Chairman Warsh Speaks (high impact)
- Fri 14:00 UTC — USD Prelim Benchmark Payrolls Revision (high impact), previous -911K
- Fri 14:00 UTC — USD Revised UoM Consumer Sentiment — forecast 51.0, previous 51.0
- Fri 14:00 UTC — USD Revised UoM Inflation Expectations, previous 4.3%
- Fri 16:15 UTC — All Jackson Hole Symposium (high impact)
Tip of the day: Widen the stop? Recalculate the size
Moving a stop further away without cutting the lot size silently doubles your risk. The dollar risk should stay constant — see the risk calculator.
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.*
