Forex Morning Briefing — 12 November 2026

Before the day's releases hit, here is the state of play across the majors. USD/JPY gained ground to 159.69 (+0.62%), while EUR/USD retreated at 1.1085 (-0.75%).

Market snapshot

• EUR/USD 1.1085 (-0.75%)
• GBP/USD 1.3262 (-0.65%)
• USD/JPY 159.69 (+0.62%)
• AUD/USD 0.6839 (-0.45%)
• USD/ZAR 16.61 (+0.54%)
• Gold (XAU/USD) 3,982 (-0.45%)

What's moving markets

• Indonesian rupiah hits record low amid MSCI downgrade concerns *(Investing.com)*
• investingLive Asia-Pacific market news: Nvidia slides on Huang ouster reports *(InvestingLive)*
• Asia FX holds losses as dollar hits 19-mth high; yen nears 160 *(Investing.com)*
• Dollar extends surge on raised Fed rate hike expectations, hits over 19-month high *(Investing.com)*
• Nvidia stock plunges after hours as New York Times reports new Jensen Huang relationship allegation *(InvestingLive)*

On today's calendar

• Thu 07:00 UTC — GBP GDP m/m (high impact) — forecast 0.0%, previous 0.1%
• Thu 07:00 UTC — GBP Prelim GDP q/q — forecast 0.7%, previous 0.5%
• Thu 13:30 UTC — USD Unemployment Claims — forecast 194K, previous 189K
• Thu 19:30 UTC — EUR ECB President Lagarde Speaks

Tip of the day: Survive first, compound second

Ten consecutive losses at 1% risk costs about 9.6% of the account. At 2%, it costs 18.3%. Halving risk roughly doubles the losing streak you can survive.

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.*