New York Open Briefing: Monday, September 7, 2026 - ForexCracked
0.04 pip average spreads, measured over a full month of live data. Unrestricted EAs and a free MT5 virtual server.Open an accountOpen
Daily brief CHF CNY EUR

New York Open Briefing: Monday, September 7, 2026

Published Sep 7, 12:30 UTC
Impact
3/ 10, low

The New York session begins with the Japanese Yen showing broad strength, as USDJPY is down 0.87%, EURJPY is down 0.77%, and GBPJPY is down 0.72%. Equity markets have also seen declines, with the JP225 down 0.60% and the DE40 down 0.38%. The 24-hour currency strength metrics show JPY as the strongest performer at +0.89%, while the USD is down -0.21%. The overall risk meter currently stands at +0.11%.

Several economic data points have been released. China’s Foreign Exchange Reserves came in at 3.438T, slightly above the 3.435T consensus. In the Eurozone, Sentix Investor Confidence registered a significant positive surprise at 5.1, compared to a consensus of -4.8. Hong Kong’s Foreign Exchange Reserves were reported at 442.9B, below the 449.6B consensus. Switzerland’s Unemployment Rate n.s.a. and Unemployment Rate were both in line with expectations at 3% and 3.1% respectively. Swiss Foreign Currency Reserves were 770.073B.

Looking ahead, a series of Japanese economic indicators are scheduled for release later in the session at Mon 23:50 UTC. These include the high-impact GDP q/q, with a consensus of 0.3%, alongside Adjusted Current Account, Japan Prelim GDP q/q, Current Account n.s.a., Net Exports Contribution to GDP q/q, GDP y/y, and GDP Price Index y/y.

Traders will closely monitor the upcoming Japanese GDP figures for market direction into the Asian open.

At a glance
Biggest moves since the previous sessionUSDJPY -0.87%, EURJPY -0.77%, GBPJPY -0.72%
Currency strength, 24hJPY strongest at +0.89%, NZD weakest at -0.29%
Risk meter+0.11 (mildly risk-on)

Scheduled this session (High and Medium impact)

TimeCcyEventImpactConsensus
23:50 UTCJPYGDP q/qHigh0.3%
23:50 UTCJPYAdjusted Current AccountMedium2981.2B
23:50 UTCJPYJapan Prelim GDP q/qMedium
23:50 UTCJPYCurrent Account n.s.a.Medium1001.2B
23:50 UTCJPYNet Exports Contribution to GDP q/qMedium0.5%
23:50 UTCJPYGDP y/yMedium1.1%
23:50 UTCJPYGDP Price Index y/yMedium2.6%

Times are UTC. This brief describes measured market state and the published schedule. It is not financial advice and nothing in it is a trade recommendation.

Market analysis, not financial advice. Tone scores describe news coverage, not trade recommendations. How our market news works.