Global FX Market Summary: Weak US Jobs, Fed Rate Shift, and Gold Surge, August 7, 2026English 日本語繁體中文한국어ไทยItalianoPortuguêsFrançaisDeutschEspañolWeak US payrolls caused the Dollar to tumble, forcing the Fed to re-evaluate rate hikes while boosting Gold. Instead of the anticipated job growth, the United States economy shed 23,000 jobs, a stark miss compared to market expectations for an increase of 80,000. This weakness was compounded by severe downward revisions to previous months, which wiped out a combined 103,000 jobs from May and June. : Scheduled as part of a high-impact cluster for Australia, this central bank rate decision determines the official cash rate target, heavily driving volatility and valuation trends for the Australian Dollar. : This high-impact New Zealand release measures future price growth expectations among businesses and consumers, offering key guidance for the Reserve Bank of New Zealand’s upcoming monetary stance.