Forex Morning Briefing — 4 August 2026

Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) surged to 4,113 (+1.58%), while GBP/USD lost ground at 1.3430 (-0.46%).

Market snapshot

• EUR/USD 1.1509 (-0.30%)
• GBP/USD 1.3430 (-0.46%)
• USD/JPY 157.69 (+0.07%)
• AUD/USD 0.7018 (-0.40%)
• USD/ZAR 16.51 (+0.33%)
• Gold (XAU/USD) 4,113 (+1.58%)

What's moving markets

• Oil: Deal optimism drives sharp selloff – ING *(FXStreet)*
• What are the main events for today? *(ForexLive)*
• Silver Price Forecasts: XAG/USD reaches $59.00 amid cautious Iran peace hopes *(FXStreet)*
• Euro: Consolidation with upside trigger at 1.1565 against US Dollar – UOB *(FXStreet)*
• Saudi Aramco CEO Nasser: Middle East crisis continues to aggravate supply shock *(FXStreet)*

On today's calendar

• Tue 14:00 UTC — USD JOLTS Job Openings — forecast 7.44M, previous 7.59M
• Tue 22:45 UTC — NZD Employment Change q/q (high impact) — forecast 0.1%, previous 0.2%
• Tue 22:45 UTC — NZD Unemployment Rate (high impact) — forecast 5.4%, previous 5.3%

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*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.*