Forex Morning Briefing — 2 November 2026

Here is where the major pairs stand as the London session gets moving. Gold (XAU/USD) climbed to 3,922 (+0.60%), while AUD/USD barely moved at 0.7024 (-0.04%).

Market snapshot

• EUR/USD 1.1188 (+0.05%)
• GBP/USD 1.3401 (+0.17%)
• USD/JPY 157.77 (-0.02%)
• AUD/USD 0.7024 (-0.04%)
• USD/ZAR 16.68 (+0.45%)
• Gold (XAU/USD) 3,922 (+0.60%)

What's moving markets

• US midterms 2026: Is Trump about to lose his grip on Congress? *(InvestingLive)*
• investingLive Asia-Pacific market news: Oil eases on Doha talks *(InvestingLive)*
• Asian currencies mixed as yuan holds near four-year high, dollar steadies *(Investing.com)*
• China private factory PMI at 52.0 beats forecasts, output growth fastest since April *(InvestingLive)*
• Dollar rangebound ahead of US midterms; bitcoin reels from crypto heist *(Investing.com)*

On today's calendar

• Mon 15:00 UTC — USD ISM Manufacturing PMI — forecast 54.5, previous 54.5

Tip of the day: Automate the rule you break most

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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.*