Our weekly forex outlook for the week of November 03, 2026 highlights the high-impact economic events and market themes traders should watch. All times are approximate; verify against your broker’s calendar before trading.
Key Economic Events This Week
- ISM Manufacturing PMI (USD) – 11-02-2026 3:00pm, impact: Medium, forecast 54.5, previous 54.5
- JOLTS Job Openings (USD) – 11-03-2026 3:00pm, impact: Medium, forecast 7.15M, previous 7.08M
- Congressional Elections (USD) – 11-03-2026 3:16pm, impact: High
- Cash Rate (AUD) – 11-03-2026 3:30am, impact: High, forecast 4.85%, previous 4.60%
- RBA Monetary Policy Statement (AUD) – 11-03-2026 3:30am, impact: High
- RBA Rate Statement (AUD) – 11-03-2026 3:30am, impact: High
- CPI m/m (CHF) – 11-03-2026 7:30am, impact: Medium, forecast 0.0%, previous 0.0%
- SNB Chairman Schlegel Speaks (CHF) – 11-05-2026 12:40pm, impact: Medium
- BOC Gov Macklem Speaks (CAD) – 11-03-2026 4:00pm, impact: Medium
- BOC Gov Macklem Speaks (CAD) – 11-05-2026 3:30pm, impact: Medium
- Annual Budget Release (CAD) – 11-05-2026 9:00pm, impact: Medium
- Employment Change q/q (NZD) – 11-03-2026 9:45pm, impact: High, forecast 0.4%, previous 0.5%
- Unemployment Rate (NZD) – 11-03-2026 9:45pm, impact: High, forecast 5.5%, previous 5.6%
- Parliamentary Elections (NZD) – 11-06-2026 9:45pm, impact: High
- Core CPI Flash Estimate y/y (EUR) – 11-04-2026 10:00am, impact: Medium, forecast 2.5%, previous 2.5%
- CPI Flash Estimate y/y (EUR) – 11-04-2026 10:00am, impact: Medium, forecast 4.0%, previous 3.8%
- ECB President Lagarde Speaks (EUR) – 11-05-2026 6:00pm, impact: Medium
- BOE Monetary Policy Report (GBP) – 11-05-2026 12:00pm, impact: High
- Monetary Policy Summary (GBP) – 11-05-2026 12:00pm, impact: High
- MPC Official Bank Rate Votes (GBP) – 11-05-2026 12:00pm, impact: High, forecast 7-0-2, previous 3-0-6
- BOJ Gov Ueda Speaks (JPY) – 11-06-2026 4:00pm, impact: High
Market News in Focus
- Why is Coloplast stock declining today?
- Why is Zalando stock sliding today?
- Abu Dhabi’s XRG to acquire Shell’s stake in Australian LNG project
- Lufthansa cuts 2026 outlook as jet fuel bill hits €9.3 billion
- Why is SalMar stock rallying today?
- Why is SalMar stock rallying today?
Trading Takeaway
High-impact releases can widen spreads and spike volatility. Trade liquid pairs, respect your risk rules, and use a stop-loss on every position. Beginners should practise on a demo account first.
High-impact events (like CPI, NFP, central-bank decisions) move currencies most. They often widen spreads and spike volatility, so traders size positions carefully around them.
Use a stop-loss, avoid over-leverage, and consider waiting for the initial spike to pass. Beginners should practise on a demo account first.
Open a forex account with our trusted broker partner »
Risk Warning & Disclosure: Trading forex, CFDs and cryptocurrencies carries high risk and may not be suitable for all investors. You could lose more than your initial deposit. This article is for general information only and is not financial advice. Forex Daily may receive commission from brokers when you sign up via our links. Always trade with capital you can afford to lose.
