Five sessions later, this is where the majors ended up. Gold (XAU/USD) owned the week, ripped higher to 4,662 (+6.42% on the week), while USD/ZAR had the roughest ride, ending at 16.03 (-1.02%).
The week on the board
- EUR/USD 1.1678 (+0.90% on the week)
- GBP/USD 1.3648 (+0.75% on the week)
- USD/JPY 158.86 (-0.23% on the week)
- AUD/USD 0.7175 (+1.27% on the week)
- USD/ZAR 16.03 (-1.02% on the week)
- Gold (XAU/USD) 4,662 (+6.42% on the week)
Stories that shaped the week
- Mexican Peso reaches two-year high despite weaker Retail Sales *(FXStreet)*
- investingLive Americas FX news wrap 21 Aug: Trump folds on beef tariffs. *(ForexLive)*
- South Korean Won: Cautious tightening path expected from BoK – DBS *(FXStreet)*
- NZD/USD, USD/JPY, and AUD/USD: top forex pairs to watch next week *(Investing.com)*
- Malaysian Ringgit: Robust trade supports MYR – Commerzbank *(FXStreet)*
- Forecasting the upcoming week: Warsh's Jackson Hole debut and US inflation test a soft US Dollar *(FXStreet)*
The week ahead
- No high-impact releases scheduled.
Lesson of the week: Demo the news, trade the calm
If you have never watched your pair through an NFP release on demo, do that before an EA or a live position ever meets one.
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.*
