Forex Morning Briefing — 29 October 2026

Before the day's releases hit, here is the state of play across the majors. AUD/USD crept up to 0.7044 (+0.19%), while Gold (XAU/USD) ticked down at 4,040 (-0.29%).

Market snapshot

• EUR/USD 1.1137 (+0.07%)
• GBP/USD 1.3308 (+0.01%)
• USD/JPY 157.87 (-0.08%)
• AUD/USD 0.7044 (+0.19%)
• USD/ZAR 16.65 (+0.05%)
• Gold (XAU/USD) 4,040 (-0.29%)

What's moving markets

• Asian currencies mixed as dollar steadies after Fed hold, PCE eyed *(Investing.com)*
• investingLive Asia-Pacific market news: Oil eases on Vance’s Iran outreach *(InvestingLive)*
• Canadian dollar holds gains after Bank of Canada delivers rate hike *(Investing.com)*
• investingLive Americas FX news wrap 28 Oct: Fed holds rates, yield curve steepens as Big Tech earnings diverge *(InvestingLive)*
• Economic and event calendar in Asia Thursday, October 29, 2026 *(InvestingLive)*

On today's calendar

• Thu 12:30 UTC — USD Advance GDP q/q (high impact) — forecast 3.2%, previous 1.5%
• Thu 12:30 UTC — USD Core PCE Price Index m/m (high impact) — forecast 0.3%, previous 0.2%
• Thu 12:30 UTC — USD Advance GDP Price Index q/q — forecast 3.2%, previous 6.2%
• Thu 12:30 UTC — USD Unemployment Claims — forecast 198K, previous 194K
• Thu 13:15 UTC — EUR Main Refinancing Rate (high impact) — forecast 2.65%, previous 2.65%
• Thu 13:15 UTC — EUR Monetary Policy Statement (high impact)
• Thu 13:45 UTC — EUR ECB Press Conference (high impact)
• Thu 23:30 UTC — JPY Tokyo Core CPI y/y — forecast 2.6%, previous 2.7%

Tip of the day: Let winners pay for the discipline

A 1:1.5 reward-to-risk ratio at a 50% win rate is a profitable system. You do not need to be right often — you need to be consistent always.

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.*