Forex Morning Briefing — 2 October 2026

The overnight session has set the table — here is what traders are waking up to. USD/ZAR surged to 16.65 (+1.43%), while EUR/USD fell at 1.1261 (-0.58%).

Market snapshot

• EUR/USD 1.1261 (-0.58%)
• GBP/USD 1.3219 (-0.34%)
• USD/JPY 157.71 (+0.10%)
• AUD/USD 0.6944 (-0.02%)
• USD/ZAR 16.65 (+1.43%)
• Gold (XAU/USD) 4,219 (+0.40%)

What's moving markets

• What are the main events for today? *(ForexLive)*
• US jobs report faces a higher bar as bond market tensions raise the stakes *(ForexLive)*
• investingLive Asia-Pacific market news: Markets mark time before payrolls *(ForexLive)*
• Dollar rally stalls ahead of payrolls test; yen firms on strong Tokyo inflation *(Investing.com)*
• G20 trade chiefs to denounce food trade coercion but not excess factory capacity *(Investing.com)*

On today's calendar

• Fri 09:00 UTC — EUR Core CPI Flash Estimate y/y — forecast 2.5%, previous 2.4%
• Fri 09:00 UTC — EUR CPI Flash Estimate y/y — forecast 3.7%, previous 3.3%
• Fri 12:30 UTC — USD Average Hourly Earnings m/m (high impact) — forecast 0.3%, previous 0.3%
• Fri 12:30 UTC — USD Non-Farm Employment Change (high impact) — forecast 89K, previous 162K
• Fri 12:30 UTC — USD Unemployment Rate (high impact) — forecast 4.1%, previous 4.1%

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.*