Forex Morning Briefing — 16 September 2026

A quick read on the currency board before the trading day builds momentum. Gold (XAU/USD) gained ground to 4,367 (+0.80%), while GBP/USD drifted lower at 1.3479 (-0.16%).

Market snapshot

• EUR/USD 1.1551 (+0.02%)
• GBP/USD 1.3479 (-0.16%)
• USD/JPY 155.08 (+0.45%)
• AUD/USD 0.7131 (-0.10%)
• USD/ZAR 16.23 (-0.10%)
• Gold (XAU/USD) 4,367 (+0.80%)

What's moving markets

• What are the main events for today? *(ForexLive)*
• UK headline inflation tops 3% again in August, but core prices remain steady *(ForexLive)*
• Asian currencies mixed as dollar holds gains, yen slips to one-week low *(Investing.com)*
• UK CPI preview: Inflation test lands just before the BOE rate decision *(ForexLive)*
• investingLive Asia-Pacific market news: Oil steady, crypto weighed *(ForexLive)*

On today's calendar

• Wed 06:00 UTC — GBP CPI y/y (high impact) — forecast 3.1%, previous 2.9%
• Wed 12:30 UTC — USD Core Retail Sales m/m — forecast 0.6%, previous -0.3%
• Wed 12:30 UTC — USD Retail Sales m/m — forecast 0.8%, previous -0.6%
• Wed 18:00 UTC — USD Federal Funds Rate (high impact) — forecast 4.00%, previous 3.75%
• Wed 18:00 UTC — USD FOMC Economic Projections (high impact)
• Wed 18:00 UTC — USD FOMC Statement (high impact)
• Wed 18:30 UTC — USD FOMC Press Conference (high impact)
• Wed 22:45 UTC — NZD GDP q/q (high impact) — forecast 0.1%, previous 0.8%

Tip of the day: The spread is a cost, treat it like one

At rollover (around 22:00 GMT) spreads can triple. A strategy that ignores spread conditions pays a tax it never measured.

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.*