Forex Daily Close — 2 November 2026

The New York close is in — here is how the day settled. Gold (XAU/USD) finished the strongest of our board, ripped higher to 3,956 (+1.45%), while AUD/USD brought up the rear, closing at 0.6997 (-0.43%).

Closing board

• EUR/USD 1.1196 (+0.12%)
• GBP/USD 1.3409 (+0.23%)
• USD/JPY 157.93 (+0.08%)
• AUD/USD 0.6997 (-0.43%)
• USD/ZAR 16.59 (-0.07%)
• Gold (XAU/USD) 3,956 (+1.45%)

What drove the session

• Iran and US reportedly on verge of preliminary agreement *(InvestingLive)*
• Canadian dollar slips from six-week high as oil retreat offsets weaker U.S. dollar *(Investing.com)*
• US construction spending for the month of September -1.9% versus 0.3% estimate *(InvestingLive)*
• US ISM manufacturing PMI for October 55.5 versus 54.5 estimate *(InvestingLive)*
• US S&P Global final manufacturing PMI for October 54.9 vs 56.0 preliminary *(InvestingLive)*

Tomorrow's watchlist

• Tue 03:30 UTC — AUD Cash Rate (high impact) — forecast 4.85%, previous 4.60%
• Tue 03:30 UTC — AUD RBA Monetary Policy Statement (high impact)
• Tue 03:30 UTC — AUD RBA Rate Statement (high impact)
• Tue 04:30 UTC — AUD RBA Press Conference (high impact)
• Tue 15:16 UTC — USD Congressional Elections (high impact)
• Tue 21:45 UTC — NZD Employment Change q/q (high impact) — forecast 0.4%, previous 0.5%

Discipline check: The spread is a cost, treat it like one

At rollover (around 22:00 GMT) spreads can triple. A strategy that ignores spread conditions pays a tax it never measured.

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.*