The overnight session has set the table — here is what traders are waking up to. Gold (XAU/USD) rallied hard to 4,349 (+2.51%), while AUD/USD edged lower at 0.7034 (-0.33%).

Market snapshot

  • EUR/USD 1.1527 (-0.26%)
  • GBP/USD 1.3454 (-0.12%)
  • USD/JPY 158.30 (+0.44%)
  • AUD/USD 0.7034 (-0.33%)
  • USD/ZAR 16.33 (+0.15%)
  • Gold (XAU/USD) 4,349 (+2.51%)

What's moving markets

  • Euro flatlines amid mixed German data with all eyes on US Nonfarm Payrolls *(FXStreet)*
  • WTI Price Forecast: Growing internal war risks in Middle East support recovery to near $78 *(FXStreet)*
  • Euro: Rebound against US Dollar faces key cloud barrier – UOB *(FXStreet)*
  • Indonesian Rupiah strengthens as foreign inflows surge into domestic assets *(FXStreet)*
  • German Industrial Production rises 0.2% MoM in June, beats 0.1% estimates *(FXStreet)*

On today's calendar

  • Fri 12:30 UTC — CAD Employment Change (high impact) — forecast 17.8K, previous 18.2K
  • Fri 12:30 UTC — CAD Unemployment Rate (high impact) — forecast 6.5%, previous 6.5%
  • Fri 12:30 UTC — USD Average Hourly Earnings m/m (high impact) — forecast 0.3%, previous 0.3%
  • Fri 12:30 UTC — USD Non-Farm Employment Change (high impact) — forecast 85K, previous 57K
  • Fri 12:30 UTC — USD Unemployment Rate (high impact) — forecast 4.2%, previous 4.2%
  • Fri 14:00 UTC — CAD Ivey PMI — forecast 55.4, previous 56.2

Tip of the day: Check the calendar before every entry

A perfect setup five minutes before a red-folder release is not a setup — it is a coin toss with triple spread. Know what is scheduled before you click.

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.*