Forex Daily Close — 4 November 2026

The New York close is in — here is how the day settled. Gold (XAU/USD) finished the strongest of our board, rallied hard to 4,076 (+3.45%), while USD/ZAR brought up the rear, closing at 16.41 (-1.16%).

Closing board

• EUR/USD 1.1235 (+0.38%)
• GBP/USD 1.3474 (+0.48%)
• USD/JPY 158.41 (+0.31%)
• AUD/USD 0.7010 (+0.14%)
• USD/ZAR 16.41 (-1.16%)
• Gold (XAU/USD) 4,076 (+3.45%)

What drove the session

• investingLive Americas market news wrap: Oil crushed as Republicans blame war for loss *(InvestingLive)*
• Crypto tracks stocks higher after Democrat midterm wins *(Investing.com)*
• Dollar slips to over one-month low on U.S. midterm results, mixed economic data *(Investing.com)*
• The market is telling the hyperscalers it's happy about a slower data center buildout *(InvestingLive)*
• Trump says election loss was largely a result of the Iran war *(InvestingLive)*

Tomorrow's watchlist

• Thu 12:00 UTC — GBP BOE Monetary Policy Report (high impact)
• Thu 12:00 UTC — GBP Monetary Policy Summary (high impact)
• Thu 12:00 UTC — GBP MPC Official Bank Rate Votes (high impact) — forecast 7-0-2, previous 3-0-6
• Thu 12:00 UTC — GBP Official Bank Rate (high impact) — forecast 4.00%, previous 3.75%
• Thu 12:30 UTC — GBP BOE Gov Bailey Speaks (high impact)

Discipline check: Backtest with real ticks or not at all

Interpolated price data flatters almost every strategy. If the backtest was not run on real tick data with variable spread, treat the equity curve as fiction.

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.*