Market Recap 2026-11-05: Gold and EURUSD Edge Higher, USDJPY Slips

Market Overview

Most of the instruments we track moved only slightly on 2026-11-05 (UTC+7). EURUSD, GBPUSD and XAUUSD finished higher, while USDJPY and AUDUSD finished lower. Gold had the largest percentage move on the board.

XAUUSD

Gold was the strongest mover at +0.15%. It closed at 4064.22, up from the previous close of 4058.02. The session opened at 4057.70, reached a high of 4071.33 and touched a low of 4056.94.

EURUSD

EURUSD rose 0.11% to 1.12353 from a previous close of 1.12235. It opened at 1.12229, which was also the session low, and reached a high of 1.12482.

Other Pairs

GBPUSD added 0.07% to 1.34771. USDJPY eased 0.07% to 158.37, and AUDUSD slipped 0.08% to 0.70035. All three moves were small.

What the Headlines Covered

We were given headline titles only, with no article text, so this is a list of topics and not an explanation of the price moves above.

• Politics: Titles referred to Trump saying the election loss was largely a result of the Iran war. They also referred to House Democratic leader Jeffries saying a bill to stop tariffs and end the Iran war will be passed.
• Oil: One wrap-up title said oil was "crushed". Separately, EIA weekly US crude inventories came in at -865K versus +877K expected.
• US data: October ISM services came in at 54.5 versus 54.8 expected. The final October S&P Global services PMI was 56.1 versus 57.9 in the preliminary reading.
• Data centers: Two titles discussed data centers, one about the market being happy with a slower buildout and one calling data centers the biggest loser of the US elections.

The headlines do not state how any of these items affected EURUSD, GBPUSD, USDJPY, AUDUSD or XAUUSD.