Forex Morning Briefing — 26 August 2026

Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) jumped sharply to 4,692 (+1.16%), while USD/ZAR fell at 15.93 (-0.42%).

Market snapshot

• EUR/USD 1.1667 (-0.01%)
• GBP/USD 1.3631 (-0.05%)
• USD/JPY 159.05 (-0.05%)
• AUD/USD 0.7183 (+0.39%)
• USD/ZAR 15.93 (-0.42%)
• Gold (XAU/USD) 4,692 (+1.16%)

What's moving markets

• Canadian Dollar gives away gains amid lower oil prices, fresh trade tensions *(FXStreet)*
• Oil: Prices retreat on Gulf diplomacy – ING *(FXStreet)*
• Euro weakens against Japanese Yen amid firm BoJ interest rate hike prospects *(FXStreet)*
• Euro: Upside bias toward 1.1725 against US Dollar – UOB *(FXStreet)*
• AUD/USD Price Forecast: Hot Australian CPI data boosts hawkish RBA bets *(FXStreet)*

On today's calendar

• Wed 12:30 UTC — USD Core PCE Price Index m/m (high impact) — forecast 0.2%, previous 0.1%
• Wed 12:30 UTC — USD Prelim GDP q/q (high impact) — forecast 1.5%, previous 1.5%
• Wed 12:30 UTC — USD Prelim GDP Price Index q/q — forecast 6.2%, previous 6.2%

Tip of the day: Risk a constant fraction, not a constant lot

Fixed-fractional sizing means position size shrinks automatically in a drawdown — the mathematical opposite of revenge trading.

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.*