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Forex Week in Review & Week Ahead — 19 October to 23 October 2026

Grizzly TradingAuthor Grizzly Trading teamWeekly Outlook
Published Oct 23, 2026, 10:37 PM · 1 min read
Forex Week in Review & Week Ahead — 19 October to 23 October 2026
© Grizzly Trading

Five sessions later, this is where the majors ended up. AUD/USD owned the week, rallied hard to 0.7038 (+0.95% on the week), while Gold (XAU/USD) had the roughest ride, ending at 4,010 (-4.09%).

The week on the board

  • EUR/USD 1.1204 (-0.19% on the week)
  • GBP/USD 1.3375 (+0.30% on the week)
  • USD/JPY 156.81 (-0.63% on the week)
  • AUD/USD 0.7038 (+0.95% on the week)
  • USD/ZAR 16.58 (+0.75% on the week)
  • Gold (XAU/USD) 4,010 (-4.09% on the week)

Stories that shaped the week

  • Dollar steadies as AI jitters spur yen gains and weigh on euro *(Investing.com)*
  • investingLive Americas market news wrap: War worries boost oil to the highest since May *(InvestingLive)*
  • Trump: We may do another operation against Iran *(InvestingLive)*
  • US expected to remove 50% tariffs on some Canadian products as soon as today - report *(InvestingLive)*
  • UMich final October final consumer sentiment 48.0 vs 46.3 expected *(InvestingLive)*
  • US S&P Global flash October services PMI 57.9 vs 58.0 expected *(InvestingLive)*

The week ahead

  • No high-impact releases scheduled.

Lesson of the week: Risk a constant fraction, not a constant lot

Fixed-fractional sizing means position size shrinks automatically in a drawdown — the mathematical opposite of revenge trading.

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.*

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