Date: 17-Mar-25, Mon, All Day IST Currency: MXN Importance: Holiday Notes: Mexico observes President's Day, a national holiday. Markets remain closed, leading to reduced liquidity in MXN trading. Learn More: Legacy Reference

Date: 17-Mar-25, Mon, 18:00 IST Currency: USD Importance: 3 Forecast: 0.30% Previous: -0.40% Notes: Core Retail Sales measures the change in the total value of sales at the retail level in the U.S., excluding automobiles. It is an important indicator of consumer spending which accounts for a large percentage of US GDP. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD

Date: 17-Mar-25, Mon, 18:00 IST Currency: USD Importance: 3 Forecast: 0.60% Previous: -0.90% Notes: Retail Sales gauges the change in the aggregate value of sales at the retail level across the country. It is an important indicator of consumer spending accounting for the majority of overall economic activity. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD

Date: 19-Mar-25, Wed, 8:30 IST Currency: JPY Importance: 3 Forecast: 0.50% Previous: 0.50% Notes: Bank of Japan (BOJ) policy board publishes its decision about where to set the target overnight rate. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely. A reading that is stronger than forecast is generally supportive (bullish) for the JPY, while a weaker than forecast reading is generally negative (bearish) for the JPY. Learn More: USDJPY EURJPY

Date: 19-Mar-25, Wed, 15:30 IST Currency: EUR Importance: 3 Forecast: 2.40% Previous: 2.50% Notes: The Consumer Price Index (CPI) measures the change in the prices of goods and services contained in a basket of consumer items. The Central bank pays very close attention to this figure in its role of maintaining price stability. A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR. Learn More: USDJPY EURJPY

Date: 19-Mar-25, Wed, 19:00 IST Currency: Global Importance: 3 Previous: 1.448M Notes: The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected. Learn More: USOILRoll

Date: 19-Mar-25, Wed, 23:30 IST Currency: USD Importance: 3 Notes: This report includes the Federal Open Market Committee's (FOMC) projection for inflation and economic growth over the next 2 years. An important part of the report is the breakdown of individual FOMC members' interest rate forecasts. Learn More: USDJPY EURUSD

Date: 19-Mar-25, Wed, 23:30 IST Currency: USD Importance: 3 Notes: The U.S. Federal Reserve's Federal Open Market Committee (FOMC) statement is the primary tool the panel uses to communicate with investors about monetary policy. It contains the outcome of the vote on interest rates, discusses the economic outlook and offers clues on the outcome of future votes. A more dovish than expected statement could be taken as negative/bearish for the USD, while a more hawkish than expected statement could be taken as positive/bullish for the USD. Learn More: USDJPY EURUSD

Date: 19-Mar-25, Wed, 23:30 IST Currency: USD Importance: 3 Forecast: 4.35% Previous: 4.62% Notes: Federal Open Market Committee (FOMC) members vote on where to set the target interest rate. Traders watch interest rate changes closely as relative short term interest rates are a primary factor in currency valuation. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD

Date: 20-Mar-25, Thu, All Day IST Currency: JPY Importance: Holiday Notes: Japan observes Vernal Equinox, a national holiday. Markets remain closed, leading to reduced liquidity in JPY trading. Learn More: Legacy Reference

Date: 20-Mar-25, Thu, 0:00 IST Currency: USD Importance: 3 Notes: The Federal Open Market Committee (FOMC) press conference is held after the interest rate decision. It provides insights into the economic outlook and future monetary policy decisions. Learn More: USDJPY EURUSD

Date: 20-Mar-25, Thu, 14:00 IST Currency: CHF Importance: 3 Forecast: 0.25% Previous: 0.50% Notes: Swiss National Bank (SNB) governing board members come to a consensus on where to set the target range for the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A reading that is stronger than forecast is generally supportive (bullish) for the CHF, while a weaker than forecast reading is generally negative (bearish) for the CHF. Learn More: USDCHF CHFJPY

Date: 20-Mar-25, Thu, 17:30 IST Currency: GBP Importance: 3 Forecast: 4.50% Previous: 4.50% Notes: Bank of England (BOE) monetary policy committee members vote on where to set the Bank Rate. Traders watch interest rate changes closely because short term interest rates are the primary factor in currency valuation. A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP. Learn More: GBPJPY GBPUSD

Date: 20-Mar-25, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: 222K Previous: 220K Notes: Initial Jobless Claims measures the number of people who filed for unemployment insurance for the first time during the past week. This is the most timely U.S. economic data, but the market impact varies from week to week. A reading that is higher than forecast is generally negative (bearish) for the USD, while a lower than forecast reading is generally supportive (bullish) for the USD. Learn More: USDJPY EURUSD

Date: 20-Mar-25, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: 9.40 Previous: 18.10 Notes: The Philadelphia Federal Reserve Manufacturing Index measures the relative level of business conditions amongst manufacturers in the Federal reserve district. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD

Date: 20-Mar-25, Thu, 19:30 IST Currency: USD Importance: 3 Forecast: 3.94M Previous: 4.08M Notes: Existing Home Sales measures the change in the annualised number of existing residential buildings that were sold during the prior month. This report helps to gauge the strength of the U.S. housing market and is an important indicator of overall economic strength. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD

Date: 21-Mar-25, Fri, All Day IST Currency: ZAR Importance: Holiday Notes: South Africa observes Human Rights Day, a national holiday. Markets remain closed, leading to reduced liquidity in ZAR trading. Learn More: Legacy Reference