Updated: January 25, 2026

A rates-packed Wednesday — BoC + FOMC + Riksbank, plus Australia CPI

Reading Time: 4min
A rates-packed Wednesday — BoC + FOMC + Riksbank, plus Australia CPI

This is a tone-driven week. The headline risk clusters around Wednesday, when multiple central banks hit in a tight window: Australia CPI early, then the Riksbank, the Bank of Canada, and finally the Fed. When policy signals stack like this, markets don’t just react to the decision — they reprice the path.

The playbook is simple: preserve focus for midweek, trade confirmation over prediction, and respect liquidity conditions around the announcements. All times below are in GMT. Trade ideas are for education only and not investment advice.

Monday, January 26

US: Durable Goods Orders

Time: 13:30 GMT

In focus: USD/JPY, EUR/USD, gold

Durable goods can move yields quickly, but in a central-bank week the market often treats Monday as positioning. Use it to map the week’s range: the highs/lows you see today often become the reference points for Wednesday’s volatility.

Tuesday, January 27

US: Consumer Confidence (Conference Board)

Time: 15:00 GMT

In focus: EUR/USD, USD/CHF, broader risk tone

Confidence data is mostly a sentiment lever — the real filter is what rates do. If markets are already coiled for the Fed, Tuesday often tightens levels rather than sets a full-week trend.

Example setup (EUR/USD)

  • Scenario: confidence disappoints and yields drift lower.
  • Entry: consider EUR/USD longs only after a clean intraday break-and-hold.
  • Risk: stop below the confirmation level; no averaging into noise.

Wednesday, January 28 — the main event

Australia: CPI

Time: 00:30 GMT

In focus: AUD/USD, AUD/JPY

Australia inflation sets the RBA pricing tone. Asia liquidity can exaggerate the first move — watch whether Europe/US sessions confirm the direction.

Sweden: Riksbank rate decision

Time: 08:00 GMT

In focus: EUR/SEK

SEK can react hard to nuances. Even with no rate change, language on inflation and the labor market can shift expectations fast.

Canada: Bank of Canada decision + Monetary Policy Report

Time: 14:45 GMT

In focus: USD/CAD, CAD/JPY

The market trades the combination: decision + projections/risks. Dovish nuance can weaken CAD quickly; a firmer tone can drive USD/CAD into support — often followed by a retest from above.

US: FOMC statement + Powell press conference

Time: 19:00 GMT (statement), 19:30 GMT (press conference)

In focus: USD/JPY, EUR/USD, gold, equity indices

Expect a two-step reaction: first to the statement, then a second wave during Q&A. The key question is whether the Fed sounds comfortable with the current stance or reinforces “higher for longer.”

Execution idea (USD/JPY)

  • Scenario: the Fed reads hawkish and yields lift.
  • Entry: avoid the first seconds; let a 5–15 minute range form, then trade the retest or the range edges.
  • Risk: smaller size, wider spreads, higher slippage probability.

Thursday, January 29

Digest day: was Wednesday real?

Thursday often tells you whether Wednesday’s move is sustainable: do broken levels hold, or does price fade back into the range? If Wednesday was headline-driven, Thursday is where cleaner retests can appear.

Friday, January 30

Month-end behavior: flows and profit-taking

Late-January flows can amplify or reverse trends, especially after a big Fed day. Be careful chasing price — Friday can compress moves into profit-taking.

Weekly guidelines

1) Save energy for Wednesday

The most common mistake is arriving at FOMC overtraded. Keep Monday/Tuesday selective if you want clarity midweek.

2) Trade confirmation, not forecasts

For USD/CAD, EUR/SEK, AUD/USD and core USD pairs, acceptance and retest usually beat prediction.

3) News risk: smaller size, cleaner rules

Expect wider spreads and fast spikes on Wednesday. Plan stops with volatility in mind and avoid averaging against momentum.

Disclaimer

This material is for information and education only and is not individual investment advice. News can cause slippage; adapt levels and position sizing to your risk tolerance.