Forex Morning Briefing — 8 October 2026

Here is where the major pairs stand as the London session gets moving. USD/ZAR pushed higher to 16.66 (+0.79%), while GBP/USD lost ground at 1.3197 (-0.53%).

Market snapshot

• EUR/USD 1.1196 (-0.51%)
• GBP/USD 1.3197 (-0.53%)
• USD/JPY 158.19 (-0.07%)
• AUD/USD 0.6950 (-0.46%)
• USD/ZAR 16.66 (+0.79%)
• Gold (XAU/USD) 4,144 (+0.09%)

What's moving markets

• Asian currencies rangebound as dollar holds near 18-month high, yen slips *(Investing.com)*
• investingLive Asia-Pacific market news: Oil climbs on three Middle East risks *(ForexLive)*
• China bucks global bond rout as 10-year yield touches 1.7% *(ForexLive)*
• Reuters poll: 37% of Japan firms see oil volatility as biggest risk to earnings *(ForexLive)*
• U.S. bond market fares better than Europe after strong 10-year Treasury auction *(Investing.com)*

On today's calendar

• Thu 08:30 UTC — USD FOMC Member Waller Speaks
• Thu 12:15 UTC — GBP BOE Gov Bailey Speaks (high impact)
• Thu 12:30 UTC — USD Unemployment Claims — forecast 200K, previous 197K

Tip of the day: One correlated basket is one trade

Long EURUSD and long GBPUSD is not diversification — it is roughly one large short-dollar position. Cap total exposure across correlated pairs.

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.*