Important Forex Events This Week: August 18-24, 2025
The forex market is always influenced by key economic data releases, central bank decisions, and global policy symposiums. For the week of August 18-24, 2025, traders should pay close attention to several high-impact events that could drive volatility in major currency pairs like EUR/USD, GBP/USD, USD/JPY, and USD/CAD. Highlights include central bank rate decisions from the People’s Bank of China (PBoC) and the Reserve Bank of New Zealand (RBNZ), inflation data from Canada and the UK, the release of FOMC meeting minutes, flash PMI readings across major economies, and the highly anticipated Jackson Hole Economic Policy Symposium, where Federal Reserve Chair Jerome Powell is expected to speak. These events could provide insights into future monetary policy directions amid ongoing concerns about inflation, growth, and potential rate cuts.
This economic calendar is compiled from reliable sources and focuses on events with medium to high expected impact on forex markets. Times are in UTC, and forecasts are based on consensus estimates where available. Traders are advised to monitor real-time updates as schedules can change.
Monday, August 18, 2025
A relatively quiet start to the week with no major high-impact events scheduled. Minor releases include:
- Australia: Westpac Consumer Confidence (00:30) – Medium impact on AUD; Forecast: Slight improvement; Previous: 93.1.
- US: NAHB Housing Market Index (14:00) – Medium impact on USD; Forecast: 42; Previous: 41.
Tuesday, August 19, 2025
Focus shifts to North American inflation and housing data, alongside Asian trade figures.
- Japan: Balance of Trade (23:50, previous day) – Medium impact on JPY; Forecast: Surplus of ¥150B; Previous: ¥196.2B.
- China: Loan Prime Rate 1Y and 5Y (01:15) – High impact on CNY; Expected to remain at 3.35% and 3.85%; Previous: Unchanged.
- Canada: CPI Inflation Rate YoY (12:30) – High impact on CAD; Forecast: 1.8%; Previous: 1.9%.
- Canada: Core CPI YoY (12:30) – High impact on CAD; Forecast: 2.7%; Previous: 2.7%.
- US: Building Permits (12:30) – Medium impact on USD; Forecast: 1.39M; Previous: 1.393M.
- US: Housing Starts (12:30) – Medium impact on USD; Forecast: 1.29M; Previous: 1.358M.
Wednesday, August 20, 2025
A packed day with central bank actions, inflation readings, and Fed insights.
- New Zealand: RBNZ Interest Rate Decision (02:00) – High impact on NZD; Forecast: Hold at 3.25%; Previous: 3.25%.
- New Zealand: RBNZ Press Conference (03:00) – High impact on NZD; Governor’s comments on policy outlook.
- UK: CPI Inflation Rate YoY (06:00) – High impact on GBP; Forecast: 3.4%; Previous: 3.6%.
- UK: Core CPI YoY (06:00) – High impact on GBP; Forecast: 3.5%; Previous: 3.7%.
- Eurozone: Core Inflation Rate YoY Final (09:00) – Medium impact on EUR; Forecast: 2.8%; Previous: 2.8%.
- US: FOMC Meeting Minutes (18:00) – High impact on USD; Insights from July meeting on rate cut prospects.
Thursday, August 21, 2025
PMI data takes center stage, alongside the start of Jackson Hole and US labor market indicators.
- Eurozone: HCOB Manufacturing PMI Flash (08:00) – High impact on EUR; Forecast: 45.8; Previous: 45.6.
- Eurozone: HCOB Services PMI Flash (08:00) – High impact on EUR; Forecast: 51.9; Previous: 51.9.
- Germany: HCOB Manufacturing PMI Flash (07:30) – Medium impact on EUR; Forecast: 42.5; Previous: 42.4.
- US: Initial Jobless Claims (12:30) – Medium impact on USD; Forecast: 230K; Previous: 227K.
- US: S&P Global Manufacturing PMI Flash (13:45) – High impact on USD; Forecast: 49.5; Previous: 49.6.
- US: S&P Global Services PMI Flash (13:45) – High impact on USD; Forecast: 54.0; Previous: 55.0.
- Global: Jackson Hole Economic Policy Symposium Begins – High impact on USD and global markets; Runs through August 23, with focus on central bank speeches.
Friday, August 22, 2025
Key inflation and sales data, plus Powell’s speech at Jackson Hole.
- Japan: CPI Inflation Rate YoY (23:30, previous day) – High impact on JPY; Forecast: 2.7%; Previous: 2.8%.
- Canada: Retail Sales MoM (12:30) – Medium impact on CAD; Forecast: 0.3%; Previous: -0.3%.
- US: New Home Sales (14:00) – Medium impact on USD; Forecast: 625K; Previous: 617K.
- US: Fed Chair Powell Speaks at Jackson Hole (14:00) – Very high impact on USD; Potential signals on rate cuts and economic outlook.
Saturday, August 23, 2025
- Jackson Hole Symposium Continues – Medium impact; Additional central banker speeches could influence weekend positioning.
In summary, this week’s forex landscape is dominated by monetary policy signals, with the FOMC minutes and Jackson Hole potentially setting the tone for USD strength or weakness. Traders should use risk management tools like stop-loss orders, especially around high-volatility releases. Stay updated via trusted platforms for any last-minute changes.
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