{"id":23045,"date":"2025-03-10T15:17:24","date_gmt":"2025-03-10T15:17:24","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=17560"},"modified":"2025-03-10T15:17:24","modified_gmt":"2025-03-10T15:17:24","slug":"forex-market-analysis-10-march-2025","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/forex-market-analysis-10-march-2025\/","title":{"rendered":"Forex market analysis: 10 March 2025"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/34-26-1024x536.png\" alt=\"\" class=\"wp-image-17562\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The trading week starts with crucial economic data from Asia and Europe, shaping market sentiment worldwide. Investors are watching growth indicators and industrial reports, adjusting their positions ahead of major US inflation data later in the week.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>KEY INDICATORS<\/strong><\/h2>\n\n\n\n<p><strong>Japan GDP (Q4 2024 final estimate)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>The final reading of Japan\u2019s GDP growth will provide key insights into the country\u2019s economic recovery. Any revisions could impact the JPY and influence broader Asian market sentiment.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>UK industrial &amp; manufacturing production (January)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>A crucial indicator of the UK\u2019s economic activity, affecting the GBP and shaping investor confidence in Britain\u2019s economic momentum.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Eurozone Sentix investor confidence (March)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>A leading gauge of investor sentiment in the Eurozone. A strong reading could signal growing economic optimism, while a weak result may highlight lingering concerns overgrowth.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>US market positioning ahead of inflation data<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>With the US CPI report set for release on Tuesday, traders may take a cautious stance, potentially leading to market consolidation.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/dma_20250310_1.png\" alt=\"\" class=\"wp-image-17561\" \/><\/figure><\/div>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>MARKET MOVERS<\/strong><\/h2>\n\n\n\n<p><strong>GBP\/USD<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/dma20250310_2-1024x622.png\" alt=\"\" class=\"wp-image-17563\" \/><\/figure>\n\n\n\n<p><strong>Possible long preference<\/strong><br>Long positions above 1.29223 with targets at 1.29380 &amp; 1.29590 in extension.<br><strong>Alternative scenario<br><\/strong>Below 1.28952 look for further downside with 1.28759 &amp; 1.28567 as targets.<br><strong>A support base at 1.28952 has formed and has allowed for a temporary stabilisation.<\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>European markets reverse course to trade lower as volatility persists<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>European markets edged lower on Monday, erasing earlier gains and extending the volatility seen in global markets last week.<\/sub><\/li>\n\n\n\n<li><sub>The pan-European Stoxx 600 was down 0.3% at 9:26 a.m. London time, with all major indices in negative territory.<\/sub><\/li>\n\n\n\n<li><sub>Germany\u2019s DAX fell 0.5%, retreating after a brief early-session rise.<\/sub><\/li>\n\n\n\n<li><sub>Regional markets closed in the red last Friday, capping off a turbulent week driven by shifting US tariff policies, the latest European Central Bank rate cut, and weaker-than-expected US nonfarm payrolls, which rose by just 151,000 in February.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Japan\u2019s 30-year bond yield hits highest level since 2008; Nikkei leads Asia losses<\/strong><\/p>\n\n\n\n<p>Asia-Pacific markets declined on Friday as Japanese government bond yields surged to their highest levels since the 2008 financial crisis.<\/p>\n\n\n\n<p>Meanwhile, customs data from China showed that exports rose 2.3% year-on-year in US dollar terms for the January\u2013February period, falling short of the expected 5% increase.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>Japan\u2019s Nikkei 225 led regional losses, dropping 2.17% to close at 36,887.17.<\/sub><\/li>\n\n\n\n<li><sub>South Korea\u2019s Kospi fell 0.49%, ending the session at 2,563.48.<\/sub><\/li>\n\n\n\n<li><sub>Australia\u2019s S&amp;P\/ASX 200 plunged 1.81%, reaching a six-month low of 7,948.20.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/dma_20250310_3.png\" alt=\"\" class=\"wp-image-17564\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>XAU\/USD<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/dma_20250310_4-1024x622.png\" alt=\"\" class=\"wp-image-17565\" \/><\/figure>\n\n\n\n<p><strong>Possible long preference<br><\/strong>Long positions above 2917.80 with targets at 2926.88 &amp; 2940.68 in extension.<br><strong>Alternative scenario<br><\/strong>Below 2906.78 look for further downside with 2900.75 &amp; 2893.22 as targets.<br><strong>A support base at 2900.75 has formed and has allowed for a temporary stabilisation.<\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>TODAY\u2019S NEWS HEADLINES<\/strong><\/h2>\n\n\n\n<p><strong>Oil steady as tariff uncertainty keeps investors on edge<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>Oil prices remained stable on Monday as concerns over US import tariffs, global economic growth, and fuel demand weighed on investor sentiment. Rising output from OPEC+ producers also dampened appetite for riskier assets.<\/sub><\/li>\n\n\n\n<li><sub>Brent crude edged down USD 0.11 to USD 70.25 per barrel by 8:56 AM GMT.<\/sub><\/li>\n\n\n\n<li><sub>West Texas Intermediate (WTI) crude slipped USD 0.17 to USD 66.87 per barrel.<\/sub><\/li>\n\n\n\n<li><sub>Last week marked WTI\u2019s seventh consecutive weekly decline, the longest losing streak since November 2023, while Brent crude posted its third straight weekly loss.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Gold prices steady amid tariff concerns; investors assess Fed rate outlook<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>Gold prices held firm in Asian trading on Monday after modest gains last week, as the US dollar hovered near a four-month low amid uncertainty over US trade policies.<\/sub><\/li>\n\n\n\n<li><sub>Investors also scrutinised last week\u2019s US jobs report and Federal Reserve Chair\u2019s comments to gauge the central bank\u2019s future interest rate stance.<\/sub><\/li>\n\n\n\n<li><sub>Spot gold was largely unchanged at USD 2,911.21 per ounce.<\/sub><\/li>\n\n\n\n<li><sub>Gold futures (April contract) edged up 0.1% to USD 2,918.27 an ounce by 6:05 AM GMT.<\/sub><\/li>\n\n\n\n<li><sub>Platinum futures remained steady at USD 966.25 an ounce.<\/sub><\/li>\n\n\n\n<li><sub>Silver futures gained 0.3%, trading at USD 32.943 an ounce.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Dollar steadies after slump; euro retreats after weekly gains<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>The US dollar edged higher on Monday, rebounding from a four-month low, but remained under pressure amid concerns that Trump administration trade policies could slow economic growth.<\/sub><\/li>\n\n\n\n<li><sub>At 9:10 AM GMT, the Dollar Index\u2014which tracks the greenback against a basket of six major currencies\u2014rose 0.1% to 103.959, just above last week\u2019s four-month low.<\/sub><\/li>\n\n\n\n<li><sub>EUR\/USD dipped 0.2% to 1.0816, retreating after logging its best weekly performance since 2009, driven by Germany\u2019s fiscal reforms.<\/sub><\/li>\n\n\n\n<li><sub>GBP\/USD fell 0.3% to 1.2880, giving up some gains after sterling hit a four-month high of 1.2946 earlier in the session.<\/sub><\/li>\n\n\n\n<li><sub>USD\/JPY dropped 0.6% to 147.17, nearing its lowest level since early October.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.vtmarkets.net\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\" target=\"_blank\" rel=\"noopener\" title=\"here\">here<\/a> to open account and start trading.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The trading week starts with crucial economic data from Asia and Europe, shaping market sentiment worldwide. Investors are watching growth indicators and industrial reports, adjusting their positions ahead of major US inflation data later in the week. KEY INDICATORS Japan GDP (Q4 2024 final estimate) UK industrial &amp; manufacturing production (January) Eurozone Sentix investor confidence <a href=\"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/forex-market-analysis-10-march-2025\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":102,"featured_media":17562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[],"class_list":["post-23045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/23045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/comments?post=23045"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/23045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media\/17562"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media?parent=23045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/categories?post=23045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/tags?post=23045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}