Forex Morning Briefing — 26 October 2026

Before the day's releases hit, here is the state of play across the majors. USD/ZAR strengthened to 16.61 (+0.76%), while GBP/USD softened slightly at 1.3375 (-0.22%).

Market snapshot

• EUR/USD 1.1222 (+0.00%)
• GBP/USD 1.3375 (-0.22%)
• USD/JPY 156.94 (+0.29%)
• AUD/USD 0.7031 (+0.16%)
• USD/ZAR 16.61 (+0.76%)
• Gold (XAU/USD) 4,020 (+0.30%)

What's moving markets

• Dollar drifts lower ahead of c.bank-packed week; Chinese yuan hits 4-yr high *(Investing.com)*
• investingLive Asia-Pacific market news: Brazil ETF slumps on Lula win *(InvestingLive)*
• Brazil ETF tumbles nearly 15% in Tokyo after Lula’s comeback runoff win *(InvestingLive)*
• Weekend - China warns of countermeasures as US Treasury widens tech investment curbs to biotech *(InvestingLive)*

On today's calendar

• No high-impact releases scheduled.

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.*