CWG Market Update: US Dollar Index Remains Under Pressure, Gold Rebounds Above 4,400; Market Focuses on Upcoming Data Signals
At the 09:01 Beijing cutoff, spot-gold bid was 4,400.80 and delayed DXY was 99.57. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1581, 1.3554, 0.7085, 159.07. Source timestamps differ; this is not a sy
Market overview
At the 09:01 Beijing cutoff, spot-gold bid was 4,400.80 and delayed DXY was 99.57. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1581, 1.3554, 0.7085, 159.07. Source timestamps differ; this is not a synchronized snapshot.
Key takeaway
July U.S. PPI is confirmed: final demand was unchanged m/m and rose 4.7% y/y; the measure excluding foods, energy and trade services rose 0.4% m/m and 4.7% y/y. Gold was near the upper end of its verified 4,366.50-4,402.70 day range; any directional break needs live confirmation.
Core market data
| Asset | Latest | Change | Interpretation |
|---|---|---|---|
| XAU/USD | 4,400.80 | +25.20 (+0.58%) | spot gold bid; support 4,375.60 / 4,366.50; resistance 4,402.70 / 4,425.00.
[S1] 2026-08-17 09:01 Beijing Time (Aug 16 21:01 NY Time) · verified
|
| DXY | 99.57 | -0.10 (-0.10%) | delayed U.S. Dollar Index cash-index reference; support 99.57 / 99.40; resistance 99.67 / 99.85.
[S2] 2026-08-17 08:03 Beijing Time (Aug 16 20:03 EDT) · verified
|
| EUR/USD | 1.1581 | +0.0008 (+0.07%) | spot FX reference quote; support 1.1573 / 1.1564; resistance 1.1584 / 1.1600.
[S3] 2026-08-17 08:31 Beijing Time (Aug 16 20:31 EDT) · verified
|
| GBP/USD | 1.3554 | +0.0019 (+0.14%) | spot FX reference quote; support 1.3535 / 1.3524; resistance 1.3555 / 1.3580.
[S4] 2026-08-17 08:19 Beijing Time (Aug 16 20:19 EDT) · verified
|
| AUD/USD | 0.7085 | 0.0000 (0.00%) | spot FX reference quote; support 0.7078 / 0.7060; resistance 0.7092 / 0.7110.
[S5] 2026-08-17 07:59 Beijing Time (Aug 16 19:59 EDT) · verified
|
| USD/JPY | 159.07 | -0.24 (-0.15%) | spot FX reference quote; support 159.01 / 158.70; resistance 159.40 / 159.70.
[S6] 2026-08-17 08:55 Beijing Time (Aug 16 20:55 EDT) · verified
|
Market review
July U.S. PPI was Final demand unchanged m/m and +4.7% y/y; less foods, energy and trade +0.4% m/m and +4.7% y/y. Latest official H.15 closes: 2Y 4.15%, 10Y 4.63%, 30Y 5.21%.
1 Producer inflation confirmed
July U.S. PPI was Final demand unchanged m/m and +4.7% y/y; less foods, energy and trade +0.4% m/m and +4.7% y/y. No unverified forecast is added.
2 Non-synchronous quotes
DXY is delayed, gold is a spot bid and FX values are separate page references; timestamps must be read independently.
Market dynamics
1 Gold range
Gold bid is 4,400.80 within the verified 4,366.50-4,402.70 day range.
2 Treasury curve
Latest official closes are 2Y 4.15%, 10Y 4.63% and 30Y 5.21%.
3 Next official schedule
The next confirmed U.S. release is import and export prices on August 18 at 20:30 Beijing Time; no actual value is available yet.
Economic calendar - confirmed times only
| Beijing time | Region | Confirmed event | Status |
|---|---|---|---|
| 08-18 20:30 | US | U.S. import and export prices - July | Time verified; not released at cutoff |
| 08-21 22:00 | US | U.S. state employment and unemployment - July | Time verified; not released at cutoff |
| 09-01 22:00 | US | U.S. JOLTS - July | Time verified; not released at cutoff |
Cross-asset verified comparison
Technical levels
Levels use only the latest verified references. Recheck live prices and spreads before acting.
| Asset | Reference | Resistance | Support | Invalidation |
|---|---|---|---|---|
| DXY | 99.57 | 99.67 / 99.85 | 99.57 / 99.40 | Below 99.40 |
| EUR/USD | 1.1581 | 1.1584 / 1.1600 | 1.1573 / 1.1564 | Below 1.1564 |
| GBP/USD | 1.3554 | 1.3555 / 1.3580 | 1.3535 / 1.3524 | Below 1.3524 |
| USD/JPY | 159.07 | 159.40 / 159.70 | 159.01 / 158.70 | Below 158.70 |
| AUD/USD | 0.7085 | 0.7092 / 0.7110 | 0.7078 / 0.7060 | Below 0.7060 |
| XAU/USD | 4,400.80 | 4,402.70 / 4,425.00 | 4,375.60 / 4,366.50 | Below 4,366.50 |
Released data
| U.S. PPI - July | Final demand unchanged m/m and +4.7% y/y; less foods, energy and trade +0.4% m/m and +4.7% y/y | [S9] |
| U.S. CPI - July | Headline +0.1% m/m, +3.4% y/y; core +0.2% m/m, +2.5% y/y | [S10] |
| U.S. real earnings - July | Real hourly earnings -0.1% m/m and -0.2% y/y; real weekly earnings unchanged m/m | [S11] |
| U.S. Employment Situation - July | Payrolls -23,000; unemployment 4.1%; hourly earnings +3.2% y/y | [S12] |
Conditional scenarios
| Trigger | Confirmation | Invalidation | Path |
|---|---|---|---|
| DXY above 99.85 | Gold below 4,375.60 and EUR/USD below 1.1564 | DXY below 99.40 | A firmer dollar may pressure gold and non-dollar currencies. |
| DXY below 99.40 | Gold above 4,402.70 and EUR/USD above 1.1584 | DXY back above 99.85 | A softer dollar may allow gold and non-dollar currencies to recover. |
Not a trading instruction. Confirm all triggers with live platform data.
Hot markets: charts and key ranges
Four panels cover XAU/USD, EUR/USD, GBP/USD, AUD/USD and position each reference within its verified day range; they do not depict an intraday path.
