Before the day's releases hit, here is the state of play across the majors. Gold (XAU/USD) rallied hard to 4,445 (+1.17%), while USD/JPY lost ground at 153.04 (-0.53%).

Market snapshot

  • EUR/USD 1.1646 (+0.16%)
  • GBP/USD 1.3560 (+0.10%)
  • USD/JPY 153.04 (-0.53%)
  • AUD/USD 0.7239 (+0.25%)
  • USD/ZAR 15.98 (-0.03%)
  • Gold (XAU/USD) 4,445 (+1.17%)

What's moving markets

  • AUD/USD Price Forecast: Approaches four-year high near 0.7280 *(FXStreet)*
  • GBP/USD Price Forecast: Strengthens above 1.3550, upside bias intact while holding above 100-day SMA *(FXStreet)*
  • Indian Rupee falls further as US-Iran tit-for-tat strikes boost oil prices *(FXStreet)*
  • EUR/JPY Price Forecast: Softens to near 178.50, retains bearish bias despite oversold RSI *(FXStreet)*
  • Asian currencies gain as yen holds near seven-month high, dollar slips *(Investing.com)*

On today's calendar

  • No high-impact releases scheduled.

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*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.*