Our weekly forex outlook for the week of October 24, 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
- CPI m/m (CAD) – 10-19-2026 12:30pm, impact: High, forecast 0.2%, previous -0.1%
- Median CPI y/y (CAD) – 10-19-2026 12:30pm, impact: High, forecast 2.0%, previous 2.0%
- Trimmed CPI y/y (CAD) – 10-19-2026 12:30pm, impact: High, forecast 1.9%, previous 1.9%
- Average Earnings Index 3m/y (GBP) – 10-20-2026 6:00am, impact: Medium, forecast 3.8%, previous 3.9%
- CPI y/y (GBP) – 10-21-2026 6:00am, impact: High, forecast 3.4%, previous 3.1%
- BOE Gov Bailey Speaks (GBP) – 10-21-2026 1:00pm, impact: Medium
- CPI q/q (NZD) – 10-21-2026 9:45pm, impact: High, forecast 0.8%, previous 1.5%
- Unemployment Claims (USD) – 10-22-2026 12:30pm, impact: Medium, forecast 200K, previous 199K
- Flash Manufacturing PMI (USD) – 10-23-2026 1:45pm, impact: Medium, forecast 55.4, previous 57.0
- Flash Services PMI (USD) – 10-23-2026 1:45pm, impact: Medium, forecast 57.9, previous 58.7
- French Flash Manufacturing PMI (EUR) – 10-23-2026 7:15am, impact: Medium, forecast 50.5, previous 50.3
- French Flash Services PMI (EUR) – 10-23-2026 7:15am, impact: Medium, forecast 50.7, previous 51.4
- German Flash Manufacturing PMI (EUR) – 10-23-2026 7:30am, impact: Medium, forecast 53.5, previous 53.8
Market News in Focus
- Johnson & Johnson’s prostate cancer drug shrinks tumors in early-stage trial
- France’s luxury stores board up windows ahead of fresh protests
- Swiss stocks outperform Europe as investors retreat from AI trade – Bloomberg
- Moonshot curbs hacking ability in new Kimi model as fears grow over AI-powered cyberattack
- JetBlue creditors working with restructuring adviser PJT Partners, WSJ reports
- Democrat on US FCC urges broadcast industry to be more aggressive confronting the agency
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.
