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Weekly Forex Outlook & Market News (August 29, 2026)

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Our weekly forex outlook for the week of August 29, 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

  • Treasury Sec Bessent Speaks (USD) – 08-24-2026 5:00pm, impact: Medium
  • CB Consumer Confidence (USD) – 08-25-2026 2:00pm, impact: Medium, forecast 90.3, previous 90.8
  • Core PCE Price Index m/m (USD) – 08-26-2026 12:30pm, impact: High, forecast 0.2%, previous 0.1%
  • CPI m/m (AUD) – 08-26-2026 1:30am, impact: High, forecast 0.9%, previous -0.1%
  • CPI y/y (AUD) – 08-26-2026 1:30am, impact: High, forecast 3.3%, previous 3.8%
  • Trimmed Mean CPI m/m (AUD) – 08-26-2026 1:30am, impact: High, forecast 0.4%, previous 0.3%
  • Jackson Hole Symposium (All) – 08-27-2026 4:15pm, impact: Medium
  • Jackson Hole Symposium (All) – 08-28-2026 4:15pm, impact: High
  • Jackson Hole Symposium (All) – 08-29-2026 4:15pm, impact: Medium
  • Tokyo Core CPI y/y (JPY) – 08-27-2026 11:30pm, impact: Medium, forecast 1.8%, previous 1.9%
  • GDP m/m (CAD) – 08-28-2026 12:30pm, impact: High, forecast 0.2%, previous 0.3%

Market News in Focus

  • Lower Saxony premier urges agreement on VW restructuring before board meeting
  • Turkey tightens hedge fund rules amid concerns over market manipulation
  • OpenAI to cut off AI models for SpaceX-owned Cursor, escalating feud with Musk
  • How networking became the critical layer of AI
  • German regional banks face strain as Volksbank Brawo troubles deepen
  • Trump vows legal order to break up ’nasty monopoly’ in food processing

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.

What are high-impact forex events?

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.

How should I trade around news?

Use a stop-loss, avoid over-leverage, and consider waiting for the initial spike to pass. Beginners should practise on a demo account first.

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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.

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