CWG Market Update: Dollar Index Falls Below 99, Gold Breaks Above 4,500; Markets Focus on Upcoming Economic Data
At the 08:41 Beijing cutoff, spot-gold bid was 4,510.30 and delayed DXY was 98.77. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1676, 1.3603, 0.7127, 158.28. Source timestamps differ; this is not a sy
Market overview
At the 08:41 Beijing cutoff, spot-gold bid was 4,510.30 and delayed DXY was 98.77. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1676, 1.3603, 0.7127, 158.28. Source timestamps differ; this is not a synchronized snapshot.
Key takeaway
July U.S. import and export prices are confirmed: Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% y/y. Gold was near the upper end of its verified day range; subsequent direction in the dollar, gold and major FX pairs still needs live confirmation.
Core market data
| Asset | Latest | Change | Interpretation |
|---|---|---|---|
| XAU/USD | 4,510.30 | -11.60 (-0.26%) | spot gold bid; support 4,500.00 / 4,324.10; resistance 4,528.30 / 4,560.00.
[S1] 2026-08-20 08:32 Beijing Time (Aug 19 20:32 NY Time) · verified
|
| DXY | 98.77 | -0.89 (-0.89%) | delayed U.S. Dollar Index cash-index reference; support 98.77 / 98.50; resistance 99.20 / 99.69.
[S2] 2026-08-20 06:04 Beijing Time (Aug 19 18:04 EDT) · verified
|
| EUR/USD | 1.1676 | -0.0004 (-0.03%) | spot FX reference quote; support 1.1673 / 1.1650; resistance 1.1684 / 1.1700.
[S3] 2026-08-20 08:40 Beijing Time (Aug 19 20:40 EDT) · verified
|
| GBP/USD | 1.3603 | -0.0004 (-0.03%) | spot FX reference quote; support 1.3597 / 1.3575; resistance 1.3624 / 1.3650.
[S4] 2026-08-20 08:41 Beijing Time (Aug 19 20:41 EDT) · verified
|
| AUD/USD | 0.7127 | +0.0001 (+0.01%) | spot FX reference quote; support 0.7126 / 0.7116; resistance 0.7131 / 0.7150.
[S5] 2026-08-20 08:17 Beijing Time (Aug 19 20:17 EDT) · verified
|
| USD/JPY | 158.28 | +0.12 (+0.08%) | spot FX reference quote; support 158.16 / 158.03; resistance 158.29 / 158.60.
[S6] 2026-08-20 07:57 Beijing Time (Aug 19 19:57 EDT) · verified
|
Market review
July U.S. import and export prices were Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% y/y. Latest official H.15 closes: 2Y 4.19%, 10Y 4.71% and 30Y 5.28%.
1 Trade prices confirmed
July U.S. import and export prices were Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% 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 4,510.30 within the verified 4,324.10-4,528.30 day range.
2 Treasury curve
Latest official closes are 2Y 4.19%, 10Y 4.71% and 30Y 5.28%.
3 Next official schedule
The next confirmed U.S. labor-market release is August 20 at 22:00 Beijing Time; no actual value is available yet.
Economic calendar - confirmed times only
| Beijing time | Region | Confirmed event | Status |
|---|---|---|---|
| 08-20 22:00 | US | Summer Youth Labor Force - Annual 2026 | 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 | 98.77 | 99.20 / 99.69 | 98.77 / 98.50 | Below 98.50 |
| EUR/USD | 1.1676 | 1.1684 / 1.1700 | 1.1673 / 1.1650 | Below 1.1650 |
| GBP/USD | 1.3603 | 1.3624 / 1.3650 | 1.3597 / 1.3575 | Below 1.3575 |
| USD/JPY | 158.28 | 158.29 / 158.60 | 158.16 / 158.03 | Below 158.03 |
| AUD/USD | 0.7127 | 0.7131 / 0.7150 | 0.7126 / 0.7116 | Below 0.7116 |
| XAU/USD | 4,510.30 | 4,528.30 / 4,560.00 | 4,500.00 / 4,324.10 | Below 4,324.10 |
Released data
| U.S. import and export prices - July | Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% y/y | [S13] |
| 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. Employment Situation - July | Payrolls -23,000; unemployment 4.1%; hourly earnings +3.2% y/y | [S12] |
Conditional scenarios
| Trigger | Confirmation | Invalidation | Path |
|---|---|---|---|
| DXY above 99.69 | Gold below 4,500.00 and EUR/USD below 1.1650 | DXY below 98.50 | A firmer dollar may pressure gold and non-dollar currencies. |
| DXY below 98.50 | Gold above 4,528.30 and EUR/USD above 1.1684 | DXY back above 99.69 | 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 it verified day range; they do not depict an intraday path.
