CWG Insights: U.S. Dollar Index Falls Back Near 99.4, Gold Rebounds Above 4,450; Markets Focus on U.S. Employment and Manufacturing Data

01 Sep, 2026

At the 08:57 Beijing cutoff, spot-gold bid was 4,456.30 and delayed DXY was 99.39. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1621, 1.3553, 0.7174, 159.78. Source timestamps differ; this is not a sy

Time convention: The report uses Beijing time throughout while source-native timing stays in the fields.
CWG Markets · Daily Insight
XAU/USD
4,456.30
+9.20 (+0.21%)
DXY
99.39
-0.221 (-0.22%)
EUR/USD
1.1621
+0.0027 (+0.23%)
GBP/USD
1.3553
+0.0011 (+0.08%)

Market overview

At the 08:57 Beijing cutoff, spot-gold bid was 4,456.30 and delayed DXY was 99.39. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1621, 1.3553, 0.7174, 159.78. 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 4,456.30 +9.20 (+0.21%) spot gold bid; support 4,447.10 / 4,395.80; resistance 4,472.70 / 4,500.00.
[S1] 2026-09-01 04:54:56 Beijing Time (2026-08-31 20:54:56 UTC) · verified
DXY 99.39 -0.221 (-0.22%) delayed U.S. Dollar Index reference; backup source; support 99.35 / 99.25; resistance 99.43 / 99.61.
[S2] 2026-09-01 08:47:55 Beijing Time · verified
EUR/USD 1.1621 +0.0027 (+0.23%) FX reference quote; backup source; support 1.1616 / 1.1594; resistance 1.1628 / 1.1645.
[S3] 2026-09-01 08:57:49 Beijing Time · verified
GBP/USD 1.3553 +0.0011 (+0.08%) FX reference quote; backup source; support 1.3544 / 1.3529; resistance 1.3560 / 1.3575.
[S4] 2026-09-01 08:57:49 Beijing Time · verified
AUD/USD 0.7174 +0.0011 (+0.15%) FX reference quote; backup source; support 0.7167 / 0.7157; resistance 0.7183 / 0.7202.
[S5] 2026-09-01 08:56:49 Beijing Time · verified
USD/JPY 159.78 -0.192 (-0.12%) FX reference quote; backup source; support 159.63 / 159.50; resistance 159.84 / 160.20.
[S6] 2026-09-01 08:57:57 Beijing Time · verified
Sources: [S1] Kitco Gold Price Chart · [S2] Yahoo Finance DXY backup · [S3] Yahoo Finance EUR/USD backup · [S4] Yahoo Finance GBP/USD backup · [S5] Yahoo Finance AUD/USD backup · [S6] Yahoo Finance USD/JPY backup

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 4.20%, 10Y 4.67% and 30Y 5.19%.

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.

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

Gold range

Gold bid is 4,456.30 within the verified 4,395.80-4,472.70 day range.

Treasury curve

Latest official closes are 2Y 4.20%, 10Y 4.67% and 30Y 5.19%.

Next official schedule

The next confirmed U.S. release is scheduled for 09-01 22:00 Beijing Time; no actual value is available yet.

Sources: [S1] Kitco Gold Price Chart · [S2] Yahoo Finance DXY backup · [S7] Federal Reserve H.15

Economic calendar - confirmed times only

Beijing time Region Confirmed event Status
09-01 22:00 US U.S. JOLTS - July 2026 Time verified; not released at cutoff
09-01 22:00 US U.S. ISM Manufacturing PMI - August 2026 Time verified; not released at cutoff
09-02 22:00 US U.S. metropolitan-area employment and unemployment - July 2026 Time verified; not released at cutoff
Sources: [S8] BLS JOLTS release schedule · [S14] ISM report release calendar · [S15] BLS September 2026 release schedule

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 99.39 99.43 / 99.61 99.35 / 99.25 Below 99.25
EUR/USD 1.1621 1.1628 / 1.1645 1.1616 / 1.1594 Below 1.1594
GBP/USD 1.3553 1.3560 / 1.3575 1.3544 / 1.3529 Below 1.3529
USD/JPY 159.78 159.84 / 160.20 159.63 / 159.50 Below 159.50
AUD/USD 0.7174 0.7183 / 0.7202 0.7167 / 0.7157 Below 0.7157
XAU/USD 4,456.30 4,472.70 / 4,500.00 4,447.10 / 4,395.80 Below 4,395.80

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 99.61 Gold below 4,447.10 and EUR/USD below 1.1594 DXY below 99.25 A firmer dollar may pressure gold and non-dollar currencies.
DXY below 99.25 Gold above 4,472.70 and EUR/USD above 1.1628 DXY back above 99.61 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.

This material is provided for general market commentary only. It does not constitute investment advice, an offer to trade, or a guarantee of returns. Leveraged products involve a high degree of risk and may result in losses.

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