Another trading week wrapped; here is what it left behind. USD/ZAR owned the week, surged to 16.82 (+1.64% on the week), while GBP/USD had the roughest ride, ending at 1.3319 (-0.95%).
The week on the board
- EUR/USD 1.1375 (-0.46% on the week)
- GBP/USD 1.3319 (-0.95% on the week)
- USD/JPY 163.79 (+0.79% on the week)
- AUD/USD 0.6983 (+0.06% on the week)
- USD/ZAR 16.82 (+1.64% on the week)
- Gold (XAU/USD) 4,056 (+1.07% on the week)
Stories that shaped the week
- investingLive Americas FX news wrap 24 Jul: Geopolitics remain the focus for traders. *(ForexLive)*
- Singapore Dollar: MAS seen on hold with cautious inflation tone – OCBC *(FXStreet)*
- EUR/JPY Price Forecast: Cross consolidates under 187.00, bulls target 188.00 *(FXStreet)*
- Dollar set for biggest weekly gain in over a month; yen eyes worst week since May *(Investing.com)*
- Malaysia: Solid fundamentals support Ringgit and bonds – DBS *(FXStreet)*
- Next week's earnings calendar heats up *(ForexLive)*
The week ahead
- No high-impact releases scheduled.
Lesson of the week: Size from the stop, not from hope
Decide your stop-loss distance first, then calculate lot size from your fixed risk percentage. Never pick a lot size and hope the stop fits. Our free lot size calculator does the math.
Heading into a new trading week, re-check your risk plan: the prop firm calculator translates your firm's limits into a safe risk-per-trade, and the risk of ruin calculator shows the odds your current sizing survives a losing streak.
*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.*