Forex Morning Briefing — 6 August 2026

Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) jumped sharply to 4,316 (+1.65%), while USD/ZAR slipped modestly at 16.34 (-0.27%).

Market snapshot

• EUR/USD 1.1549 (+0.14%)
• GBP/USD 1.3460 (+0.07%)
• USD/JPY 157.82 (+0.08%)
• AUD/USD 0.7043 (-0.05%)
• USD/ZAR 16.34 (-0.27%)
• Gold (XAU/USD) 4,316 (+1.65%)

What's moving markets

• What are the main events for today? *(ForexLive)*
• Euro: Upside bias needs close above resistance against US Dollar – UOB *(FXStreet)*
• Canadian Dollar flatlines as traders watch possible US-Iran deal *(FXStreet)*
• Euro steadies at three-week highs amid positive data and lower Oil prices *(FXStreet)*
• 3.1%: Germany Factory Orders climb in June, beating estimates *(FXStreet)*

On today's calendar

• Thu 12:30 UTC — USD Unemployment Claims — forecast 203K, previous 197K

Tip of the day: Two losses, done for the day

A daily cutoff after two consecutive losses keeps one bad session from becoming a blown week. Prop firms enforce this with rules — you can enforce it with software or discipline.

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.*