A quick read on the currency board before the trading day builds momentum. Gold (XAU/USD) surged to 4,477 (+1.06%), while EUR/USD idled at 1.1618 (-0.09%).

Market snapshot

  • EUR/USD 1.1618 (-0.09%)
  • GBP/USD 1.3528 (-0.03%)
  • USD/JPY 155.82 (+0.10%)
  • AUD/USD 0.7217 (+0.22%)
  • USD/ZAR 15.97 (-0.07%)
  • Gold (XAU/USD) 4,477 (+1.06%)

What's moving markets

  • CEE FX: Hawkish pricing versus dovish banks – ING *(FXStreet)*
  • Australian Dollar posts fresh three-month high amid hawkish RBA prospects *(FXStreet)*
  • US Dollar: Volatility risks around Fed decision – Commerzbank *(FXStreet)*
  • What are the main events for today? *(ForexLive)*
  • Euro remains steady above 1.1610 despite weak German Industrial Production data *(FXStreet)*

On today's calendar

  • No high-impact releases scheduled.

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.*