Forex Morning Briefing — 5 August 2026

Before the day's releases hit, here is the state of play across the majors. Gold (XAU/USD) surged to 4,234 (+3.37%), while USD/ZAR slid steeply at 16.34 (-1.11%).

Market snapshot

• EUR/USD 1.1549 (+0.36%)
• GBP/USD 1.3465 (+0.28%)
• USD/JPY 157.64 (+0.07%)
• AUD/USD 0.7052 (+0.78%)
• USD/ZAR 16.34 (-1.11%)
• Gold (XAU/USD) 4,234 (+3.37%)

What's moving markets

• Japanese Yen: Joint action fails to secure lasting gains – Commerzbank *(FXStreet)*
• Forex Today: US Dollar struggles as risk flows dominate markets *(FXStreet)*
• Equities: Rally extends on reduced downside fears – Danske Bank *(FXStreet)*
• Oil: Market looks through Hormuz risks – MUFG *(FXStreet)*
• What are the main events for today? *(ForexLive)*

On today's calendar

• Wed 12:15 UTC — USD ADP Non-Farm Employment Change — forecast 68K, previous 98K
• Wed 14:00 UTC — USD ISM Services PMI — forecast 54.5, previous 54.0
• Wed 20:30 UTC — USD President Trump Speaks

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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.*