CWG Insights: U.S. Dollar Index Rebounds Toward the 100 Level, Gold Pulls Back Near 4,310; Markets Focus on ADP Employment Data
At the 09:09 Beijing cutoff, spot-gold bid was 4,311.00 and delayed DXY was 99.66. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1588, 1.3508, 0.7144, 160.21
Market overview
At the 09:09 Beijing cutoff, spot-gold bid was 4,311.00 and delayed DXY was 99.66. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1588, 1.3508, 0.7144, 160.21. 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 lower 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 | 4,311.00 | -16.70 (-0.39%) | spot gold bid; support 4,304.20 / 4,280.00; resistance 4,327.70 / 4,370.00.
[S1] 2026-09-02 09:09 Beijing Time (2026-09-01 21:09 NY Time) · verified
|
| DXY | 99.66 | +0.23 (+0.23%) | delayed U.S. Dollar Index cash reference; support 99.43 / 99.35; resistance 99.72 / 100.00.
[S2] 2026-09-02 06:05 Beijing Time (2026-09-01 18:05 EDT) · verified
|
| EUR/USD | 1.1588 | -0.0006 (-0.05%) | spot FX reference quote; support 1.1587 / 1.1570; resistance 1.1600 / 1.1620.
[S3] 2026-09-02 08:12 Beijing Time (2026-09-01 20:12 EDT) · verified
|
| GBP/USD | 1.3508 | -0.0009 (-0.07%) | spot FX reference quote; support 1.3506 / 1.3485; resistance 1.3523 / 1.3550.
[S4] 2026-09-02 08:57 Beijing Time (2026-09-01 20:57 EDT) · verified
|
| AUD/USD | 0.7144 | -0.0002 (-0.03%) | spot FX reference quote; support 0.7140 / 0.7125; resistance 0.7155 / 0.7180.
[S5] 2026-09-02 08:44 Beijing Time (2026-09-01 20:44 EDT) · verified
|
| USD/JPY | 160.21 | +0.02 (+0.01%) | spot FX reference quote; support 160.14 / 159.80; resistance 160.25 / 160.60.
[S6] 2026-09-02 08:45 Beijing Time (2026-09-01 20:45 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 4.34%, 10Y 4.75% and 30Y 5.25%.
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 4,311.00 within the verified 4,304.20-4,462.40 day range.
Treasury curve
Latest official closes are 2Y 4.34%, 10Y 4.75% and 30Y 5.25%.
Next official schedule
The next confirmed U.S. release is scheduled for 09-02 20:15 Beijing Time; no actual value is available yet.
Economic calendar - confirmed times only
| Beijing time | Region | Confirmed event | Status |
|---|---|---|---|
| 09-02 20:15 | US | U.S. ADP National Employment Report - August 2026 | Time verified; not released at cutoff |
| 09-02 22:00 | US | U.S. manufacturers' shipments, inventories and orders - July 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 |
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 | 99.66 | 99.72 / 100.00 | 99.43 / 99.35 | Below 99.35 |
| EUR/USD | 1.1588 | 1.1600 / 1.1620 | 1.1587 / 1.1570 | Below 1.1570 |
| GBP/USD | 1.3508 | 1.3523 / 1.3550 | 1.3506 / 1.3485 | Below 1.3485 |
| USD/JPY | 160.21 | 160.25 / 160.60 | 160.14 / 159.80 | Below 159.80 |
| AUD/USD | 0.7144 | 0.7155 / 0.7180 | 0.7140 / 0.7125 | Below 0.7125 |
| XAU/USD | 4,311.00 | 4,327.70 / 4,370.00 | 4,304.20 / 4,280.00 | Below 4,280.00 |
Released data
| U.S. JOLTS - July 2026 | Job openings 7.271 million; openings rate 4.4%; hires 5.054 million; total separations 5.072 million | [S9] |
| U.S. ISM Manufacturing PMI - August 2026 | 54.6%, down from 55.6% in July | [S10] |
| U.S. CPI - July | Headline +0.1% m/m, +3.4% y/y; core +0.2% m/m, +2.5% y/y | [S12] |
| U.S. Employment Situation - July | Payrolls -23,000; unemployment 4.1%; hourly earnings +3.2% y/y | [S13] |
| 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 | [S14] |
Conditional scenarios
| Trigger | Confirmation | Invalidation | Path |
|---|---|---|---|
| DXY above 100.00 | Gold below 4,304.20 and EUR/USD below 1.1570 | DXY below 99.35 | A firmer dollar may pressure gold and non-dollar currencies. |
| DXY below 99.35 | Gold above 4,327.70 and EUR/USD above 1.1600 | DXY back above 100.00 | 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.
