Economic Calendar — FX Rate Live | Key Events That Move Currency Markets
Economic Calendar: Central Bank Meetings and Data That Move Currencies
Upcoming interest rate decisions from the US Federal Reserve, ECB, Bank of England, Bank of Japan and Reserve Bank of India, plus the monthly data releases that move exchange rates. Dates checked against official sources.
Upcoming Central Bank Decisions
These are the next scheduled interest rate meetings for the central banks that matter most to major currencies and the Indian rupee. The decision is announced on the last day shown.
| Date | Central bank | Currencies affected |
|---|---|---|
| 5 Nov 2026 | Bank of England | GBP/USD, EUR/GBP, GBP/INR |
| 2–4 Dec 2026 | Reserve Bank of India (MPC) | USD/INR and all INR pairs |
| 8–9 Dec 2026 | US Federal Reserve (FOMC) | USD against all currencies |
| 16–17 Dec 2026 | European Central Bank | EUR/USD, EUR/GBP, EUR/INR |
| 17 Dec 2026 | Bank of England | GBP pairs |
| 17–18 Dec 2026 | Bank of Japan | USD/JPY, JPY crosses |
| 21–22 Jan 2027 | Bank of Japan | USD/JPY |
| 26–27 Jan 2027 | US Federal Reserve (FOMC) | USD against all currencies |
| 3–4 Feb 2027 | European Central Bank | EUR pairs |
| 3–5 Feb 2027 | Reserve Bank of India (MPC) | INR pairs |
| 4 Feb 2027 | Bank of England | GBP pairs |
| 16–17 Mar 2027 | US Federal Reserve (FOMC) | USD against all currencies |
| 17–18 Mar 2027 | ECB and Bank of Japan | EUR and JPY pairs |
| 18 Mar 2027 | Bank of England | GBP pairs |
Dates are taken from the official calendars of the Federal Reserve, ECB, Bank of England, Bank of Japan and Reserve Bank of India, checked on 30 October 2026.
Monthly Data Releases to Watch
| Release | When | Why it matters |
|---|---|---|
| US jobs report (Non-Farm Payrolls) | Usually the first Friday of each month | Strong jobs data tends to support the US dollar |
| US inflation (CPI) | Around the middle of each month | Higher inflation can mean higher US rates for longer |
| India inflation (CPI) | Around the 12th of each month | Shapes RBI rate decisions and the rupee |
| Euro area flash inflation | Around the start of each month | Guides ECB expectations |
| UK inflation (CPI) | Around the middle of each month | Guides Bank of England expectations |
| India trade balance | Mid-month | A wider trade deficit can pressure the rupee |
What Each Event Means for Currencies
Interest rate decisions: When a central bank raises rates, or signals it will, its currency often strengthens because savers and investors earn more holding it. A cut, or a hint of cuts, often weakens the currency. The press conference and forward guidance can matter as much as the decision itself.
Inflation reports: Inflation above expectations usually means rates stay higher for longer, which can support the currency in the short term.
Jobs data: A strong labour market gives a central bank room to keep rates high. US jobs data is one of the biggest monthly events for the dollar.
Learn more in our guide How Major Currencies Move.
How to Read the Calendar
- Markets react to the surprise, not the number itself. Compare the result with what was expected
- Rates can swing both ways in the first minutes after a release, then settle
- Spreads at banks and transfer apps can widen during busy moments
- Events from the US often move every currency, including the rupee
Frequently Asked Questions
Which events move exchange rates the most?
Central bank interest rate decisions, inflation reports and US jobs data usually cause the biggest moves, because they change expectations about interest rates.
Are these dates final?
They come from each central bank's official published schedule. Central banks can change dates in rare cases, so check the official website before acting.
What time are decisions announced?
Times vary by bank. For example, the RBI usually announces at 10:00 AM IST, and the US Federal Reserve announces at 2:00 PM US Eastern Time, which is late night in India.
Should I convert money before a big event?
We do not give financial advice. Rates can move sharply around big events, so many people avoid converting large sums in the hours right before or after an announcement.
Important Note
This calendar is for information only and is not financial advice. Always confirm dates on the official central bank websites. Read our Financial Disclaimer.
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