CWG Market Update: US Dollar Index Consolidates at Low Levels, Gold Rebounds Near 4,430; Market Focuses on Upcoming Economic Data
At the 09:05 Beijing cutoff, spot-gold bid was 4,430.00 and delayed DXY was 99.58. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1584, 1.3547, 0.7110, 159.36. Source timestamps differ; this is not a sy
Market overview
At the 09:05 Beijing cutoff, spot-gold bid was 4,430.00 and delayed DXY was 99.58. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1584, 1.3547, 0.7110, 159.36. 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 4,366.50-4,436.50 day range; any directional break needs live confirmation.
Core market data
| Asset | Latest | Change | Interpretation |
|---|---|---|---|
| XAU/USD | 4,430.00 | +14.10 (+0.32%) | spot gold bid; support 4,415.90 / 4,366.50; resistance 4,436.50 / 4,460.00.
[S1] 2026-08-18 09:02 Beijing Time (Aug 17 21:02 NY Time) · verified
|
| DXY | 99.58 | -0.09 (-0.09%) | delayed U.S. Dollar Index cash-index reference; support 99.29 / 99.10; resistance 99.67 / 99.85.
[S2] 2026-08-18 06:05 Beijing Time (Aug 17 18:05 EDT) · verified
|
| EUR/USD | 1.1584 | +0.0003 (+0.03%) | spot FX reference quote; support 1.1581 / 1.1575; resistance 1.1588 / 1.1600.
[S3] 2026-08-18 09:05 Beijing Time (Aug 17 21:05 EDT) · verified
|
| GBP/USD | 1.3547 | +0.0004 (+0.03%) | spot FX reference quote; support 1.3543 / 1.3537; resistance 1.3555 / 1.3580.
[S4] 2026-08-18 08:50 Beijing Time (Aug 17 20:50 EDT) · verified
|
| AUD/USD | 0.7110 | +0.0006 (+0.08%) | spot FX reference quote; support 0.7104 / 0.7102; resistance 0.7116 / 0.7130.
[S5] 2026-08-18 08:43 Beijing Time (Aug 17 20:43 EDT) · verified
|
| USD/JPY | 159.36 | -0.10 (-0.06%) | spot FX reference quote; support 159.30 / 159.00; resistance 159.60 / 159.85.
[S6] 2026-08-18 07:40 Beijing Time (Aug 17 19:40 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 4.17%, 10Y 4.68%, 30Y 5.25%.
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 4,430.00 within the verified 4,366.50-4,436.50 day range.
2 Treasury curve
Latest official closes are 2Y 4.17%, 10Y 4.68% and 30Y 5.25%.
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 | 99.58 | 99.67 / 99.85 | 99.29 / 99.10 | Below 99.10 |
| EUR/USD | 1.1584 | 1.1588 / 1.1600 | 1.1581 / 1.1575 | Below 1.1575 |
| GBP/USD | 1.3547 | 1.3555 / 1.3580 | 1.3543 / 1.3537 | Below 1.3537 |
| USD/JPY | 159.36 | 159.60 / 159.85 | 159.30 / 159.00 | Below 159.00 |
| AUD/USD | 0.7110 | 0.7116 / 0.7130 | 0.7104 / 0.7102 | Below 0.7102 |
| XAU/USD | 4,430.00 | 4,436.50 / 4,460.00 | 4,415.90 / 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 4,415.90 and EUR/USD below 1.1575 | DXY below 99.10 | A firmer dollar may pressure gold and non-dollar currencies. |
| DXY below 99.10 | Gold above 4,436.50 and EUR/USD above 1.1588 | 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.
