The 5pm New York close has locked in the day's moves. Gold (XAU/USD) finished the strongest of our board, ripped higher to 4,401 (+3.76%), while USD/ZAR brought up the rear, closing at 16.13 (-1.31%).
Closing board
- EUR/USD 1.1562 (+0.32%)
- GBP/USD 1.3493 (+0.28%)
- USD/JPY 157.75 (-0.42%)
- AUD/USD 0.7071 (+0.53%)
- USD/ZAR 16.13 (-1.31%)
- Gold (XAU/USD) 4,401 (+3.76%)
What drove the session
- China: Credit demand and liquidity trends – DBS *(FXStreet)*
- Chinese Yuan: Range trade holds with bullish tone against US Dollar – UOB *(FXStreet)*
- Singapore: GDP revision and forecast upgrade – DBS *(FXStreet)*
- Hormuz deal hopes rise as talks progress – Reuters *(FXStreet)*
- investingLive Americas market news wrap: Non-farm payrolls turn negative, dollar drops *(ForexLive)*
Tomorrow's watchlist
- No high-impact releases scheduled.
Discipline check: Survive first, compound second
Ten consecutive losses at 1% risk costs about 9.6% of the account. At 2%, it costs 18.3%. Halving risk roughly doubles the losing streak you can survive.
If today's swings tested your limits, measure them properly: the drawdown calculator shows what a losing streak really costs.
*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.*