The overnight session has set the table — here is what traders are waking up to. USD/ZAR ripped higher to 16.16 (+1.04%), while EUR/USD retreated at 1.1592 (-0.55%).
Market snapshot
- EUR/USD 1.1592 (-0.55%)
- GBP/USD 1.3546 (-0.38%)
- USD/JPY 159.90 (+0.36%)
- AUD/USD 0.7165 (-0.42%)
- USD/ZAR 16.16 (+1.04%)
- Gold (XAU/USD) 4,486 (+0.17%)
What's moving markets
- British Pound: Downside risks with 1.3480 in sight against US Dollar – UOB *(FXStreet)*
- British Pound holds losses amid geopolitical tensions, Fed tightening hopes *(FXStreet)*
- What are the main events for today? *(ForexLive)*
- Euro: Warsh speech weighs on EUR against US Dollar – Danske Bank *(FXStreet)*
- Euro falls against Japanese Yen ahead of German inflation data *(FXStreet)*
On today's calendar
- Mon 06:29 UTC — EUR German Prelim CPI m/m — forecast 0.3%, previous 0.8%
Tip of the day: Backtest with real ticks or not at all
Interpolated price data flatters almost every strategy. If the backtest was not run on real tick data with variable spread, treat the equity curve as fiction.
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.*
