Economic Calendar

The scheduled releases that move the major currency pairs: what each one measures, roughly when it lands, and which pairs feel it first. Times are local to the centre that publishes them.

Jobs
High Impact

US Non-Farm Payrolls

First Friday, monthly
•08:30 New York

How many jobs the US economy added last month, published alongside the unemployment rate and average hourly earnings. The most watched release on the calendar for dollar pairs — EUR/USD and USD/JPY routinely move on the headline and again when the revisions to earlier months are read.

Inflation
High Impact

US CPI Inflation

Monthly, mid-month
•08:30 New York

Consumer prices for the previous month, headline and core. Traders read it as the next clue to what the Federal Reserve does with interest rates, so a surprise in either direction tends to reprice the dollar against every major at once.

Rates
High Impact

Federal Reserve Rate Decision

Eight times a year
•14:00 New York

The decision, the statement, and a press conference half an hour later that often moves the market more than the decision itself. A currency is priced on where its interest rate is going, which is why this is the entry to know about before you hold a position through it.

Rates
High Impact

ECB Rate Decision

Eight times a year
•14:15 Frankfurt

The euro-area decision, followed by a press conference at 14:45. EUR/USD has two sides: it moves on what the ECB does just as much as on what the Fed does, and the two rarely move in step.

Rates
High Impact

Bank of England Bank Rate

Eight times a year
•12:00 London

The decision plus the vote split. How many committee members wanted something else is often the part that moves GBP/USD and EUR/GBP, even when the rate itself is unchanged.

Inflation
Medium Impact

Euro Area Flash Inflation

Monthly, end of month
•11:00 Brussels

An early estimate of euro-area consumer prices, published weeks before the final figure. Being first is what gives it weight — most of the reaction lands here rather than on the confirmation that follows.

Growth
Medium Impact

US GDP, Advance Estimate

Quarterly
•08:30 New York

The first of three readings of how fast the US economy grew last quarter. It looks backwards, so it usually moves the dollar less than payrolls or CPI, but a large miss still shifts what the market expects from rates.

Rates
Medium Impact

Bank of Japan Decision

Eight times a year
•Around midday Tokyo

There is no fixed release time, which is itself worth knowing — USD/JPY can move sharply while most of Europe is still asleep. Policy changes here are rarer than elsewhere, and correspondingly larger when they come.

Trading around a release

Know what is due today
A position opened minutes before a high-impact print is a bet on the number, not on your setup.
Expect the spread to widen
Liquidity thins out either side of a release, and a stop can fill further away than you planned for.
The first move often reverses
The headline prints first and the detail is read second. Those two can point in opposite directions.

Educational content only — nothing here is investment advice or a forecast. Trading foreign exchange on leverage carries a high level of risk and can cost you more than your initial deposit.