Key Events to Watch in March 2025 - crucial US economic reports

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Key Events to Watch in March 2025 - crucial US economic reports

 
March has crucial US economic reports that can significantly impact forex markets. As a trader, staying informed about these key events can help you make strategic decisions.

Key Events to Watch

 

1. 7th March – Nonfarm Payrolls (Feb)

America’s monthly jobs report is the most important economic indicator for forex traders. A substantial payroll increase signals economic growth and can drive USD strength, while weaker data may lead to a decline.

2. 12th March – Consumer Price Index (MoM) (Feb)

The CPI measures inflation, a critical factor in Fed policy decisions. Higher inflation often strengthens the USD, while lower inflation can weaken it.

3. 17th March – Retail Sales (MoM) (Feb)

Retail sales data is a strong indicator of consumer spending and a major driver of the US economy. A strong report could boost the USD, while a weak report may pressure it.

4. 19th March – Fed Interest Rate Decision

The Federal Reserve’s decision on interest rates will be a key market mover. A rate hike could strengthen the USD by attracting foreign capital, while a rate cut could weaken it.

 

These events shape the March action plans, so traders need to follow them carefully.

 

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