Forex Week in Review & Week Ahead — 3 August to 7 August 2026
Published Aug 7, 2026, 10:55 PM · 1 min read
With the week's business done, here is the scorecard and what waits on the other side of the weekend. Gold (XAU/USD) owned the week, rallied hard to 4,401 (+8.70% on the week), while USD/ZAR had the roughest ride, ending at 16.13 (-2.00%).
The week on the board
- EUR/USD 1.1562 (+0.16% on the week)
- GBP/USD 1.3493 (+0.01% on the week)
- USD/JPY 157.75 (+0.10% on the week)
- AUD/USD 0.7071 (+0.36% on the week)
- USD/ZAR 16.13 (-2.00% on the week)
- Gold (XAU/USD) 4,401 (+8.70% on the week)
Stories that shaped the week
- China: Credit demand and liquidity trends – DBS *(FXStreet)*
- Chinese Yuan: Range trade holds with bullish tone against US Dollar – UOB *(FXStreet)*
- Singapore: GDP revision and forecast upgrade – DBS *(FXStreet)*
- Hormuz deal hopes rise as talks progress – Reuters *(FXStreet)*
- investingLive Americas market news wrap: Non-farm payrolls turn negative, dollar drops *(ForexLive)*
- GBP/JPY Price Forecast: Rebound holds above 200-day SMA *(FXStreet)*
The week ahead
- No high-impact releases scheduled.
Lesson of the week: 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.
Heading into a new trading week, re-check your risk plan: the prop firm calculator translates your firm's limits into a safe risk-per-trade, and the risk of ruin calculator shows the odds your current sizing survives a losing streak.
*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.*
