Key Forex Economic Events (17-21 November 2025)U.S. Dollar Currency IndexTVC:DXYNDOBObanksThe global economic calendar for the upcoming week (commencing Monday, November 17, 2025) features a series of pivotal data releases and central bank events that are likely to influence currency pairs, bond yields, and risk sentiment across major markets. With the US Federal Reserve's policy trajectory under scrutiny amid persistent concerns about inflation, the highlight is Wednesday's 9:00 a.m. USD FOMC Meeting Minutes, which could provide critical insights into future rate decisions. This is complemented by preliminary GDP figures from Japan and Canada on Monday, UK CPI on Wednesday, and a flurry of flash PMI readings on Friday spanning the EUR, GBP, and USD. Traders in South Africa (ZA), operating in the SAST timezone, should note the alignment of these events with local trading hours to manage volatility effectively. The week kicks off on Monday with Asia-Pacific focus: at 1:50am, Japan's Preliminary GDP q/q offers an early gauge of growth momentum in the world's third-largest economy, potentially impacting JPY crosses. This is followed at 3:30pm by Canada's CPI y/y, a key inflation metric that could sway Bank of Canada expectations and strengthen or weaken the CAD against its US counterpart. Midweek intensity builds on Wednesday, where the 9:00am release of Great Britain’s CPI y/y will test the Bank of England's resolve on monetary tightening amid elevated cost-of-living pressures. The centerpiece, however, is the 9:00am USD FOMC Meeting Minutes—a verbatim recap of the Federal Open Market Committee's latest deliberations. Market participants will parse these for dovish or hawkish signals on balance sheet runoff, terminal rate projections, and labor market resilience, with any surprises capable of triggering sharp USD moves. Thursday appears lighter, marked as tentative for a 3:30pm USD NFP (Non-Farm Payrolls) preview or related indicator, though no firm details are confirmed—advising caution for position sizing. The week culminates on Friday with a PMI barrage starting at 10:00 a.m. EUR Flash Services PMI, followed by the 11:30 a.m. GBP Flash Services PMI, 4:45 p.m. USD Flash Services PMI, and 11:00 a.m. USD Flash Manufacturing PMI (noting potential overlap in timing for the USD releases). These high-frequency surveys will provide forward-looking snapshots of the Eurozone, the UK, and the US private sector's health, often serving as leading indicators for GDP and employment trends. Strong readings could bolster hawkish repricing, while weakness might fuel recession fears. In summary, this week's calendar is dominated by inflation reads, growth proxies, and Fed commentary, presenting a high-impact environment for forex, equities, and fixed income. The FOMC Minutes stand out as a potential catalyst for volatility, with flash PMIs offering a capstone on Friday. For South African users (@alndobo), monitoring these in SAST—particularly the overlapping 9:00 am slots—will be essential for risk management. Positioning ahead of these events with appropriate stops and leveraging multi-asset correlations could yield opportunities, but vigilance against data surprises remains paramount in an uncertain macro backdrop.