Forex Morning Briefing — 3 August 2026

Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) jumped sharply to 4,120 (+1.76%), while USD/JPY slid steeply at 156.75 (-2.14%).

Market snapshot

• EUR/USD 1.1529 (+0.05%)
• GBP/USD 1.3460 (-0.01%)
• USD/JPY 156.75 (-2.14%)
• AUD/USD 0.7031 (+0.08%)
• USD/ZAR 16.47 (-0.20%)
• Gold (XAU/USD) 4,120 (+1.76%)

What's moving markets

• Japanese Yen: Joint intervention signals potential turning point – MUFG *(FXStreet)*
• Canadian Dollar weakens on falling oil prices amid US-Iran talk hopes *(FXStreet)*
• Oil: Prices slide on halted strikes – Commerzbank *(FXStreet)*
• What are the main events for today? *(ForexLive)*
• Germany retail sales slump in June despite stronger petrol station sales again *(ForexLive)*

On today's calendar

• Mon 06:30 UTC — CHF CPI m/m — forecast -0.1%, previous 0.0%
• Mon 14:00 UTC — USD ISM Manufacturing PMI (high impact) — forecast 54.0, previous 53.3
• Mon 14:00 UTC — USD ISM Manufacturing Prices — forecast 70.0, previous 73.0

Tip of the day: Measure drawdown from the peak

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Planning trades around today's events? The prop firm calculator shows how much risk per trade your daily limit actually allows.

*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.*