Forex Morning Briefing — 16 October 2026

Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) strengthened to 4,198 (+0.67%), while USD/ZAR retreated at 16.45 (-0.80%).

Market snapshot

• EUR/USD 1.1238 (+0.38%)
• GBP/USD 1.3310 (+0.60%)
• USD/JPY 157.93 (-0.02%)
• AUD/USD 0.6949 (-0.42%)
• USD/ZAR 16.45 (-0.80%)
• Gold (XAU/USD) 4,198 (+0.67%)

What's moving markets

• Asia FX subdued, dollar weakens after bond rally; rupee set for 2% weekly jump *(Investing.com)*
• investingLive Asia-Pacific market news: Warsh stays silent on rates, *(ForexLive)*
• Market playbook: Is the bond market starting to worry more about US growth than inflation? *(ForexLive)*
• New Zealand card spending falls for second month as food prices hold flat in September *(ForexLive)*
• New Zealand manufacturing PMI jumps to 56.5, 15th straight month of expansion *(ForexLive)*

On today's calendar

• No high-impact releases scheduled.

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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.*