When it comes to navigating the world of foreign exchange and international payments, knowledge is your best ally. That's why we've compiled a guide to the key dates and financial events in March 2025 to be aware of when making cross-border payments.
Whether you're a seasoned trader or just dipping your toes into the financial waters, understanding these economic indicators can make a significant impact, and allow you to make informed financial decisions.
Read on to stay informed and discover how we can empower your international financial transactions, or visit our Economic Calendar for March.
We expect a big week to kick off March, with the release of February’s US job numbers as well as the European Central Bank's (ECB) interest rate decision.
The US exceptionalism story took a hit over February, with the US dollar having weakened over the course of the month. However, a strong job market could well rekindle demand for the greenback once again.
The ECB are widely expected to cut rates again by 0.25%, which is fully priced-in by the markets. So, the key driving factor for the euro will likely be the accompanying statement by Christine Lagarde and whether there are any changes to the ECB’s easing policy
Going into the second working week of March, another big week is expected for the US, with the release of consumer and producer price inflation numbers.
Last month's CPI numbers surprised to the upside, seeing markets ease the number of rate cuts expected this year by the Federal Reserve (Fed). Should this trend for rising inflation continue, then the likelihood for markets is to continue to pare back the number of rate cuts by the Fed this year.
This week both The Fed and the Bank of England (BoE) will be in focus, with neither currently priced by markets to take any action in cutting interest rates.
For the Fed, we expect a similar message as last month—cautious in cutting rates further, whilst they wait to see the impact of Trump's policies on the economy. The BoE will also likely stick to their script, following the dovish surprise last month and we'll wait to see if their comments firm up the odds for cutting rates in May.
With the release of March's PMI numbers from the UK, EU, and US, yet another busy week is expected, with markets waiting to see what the divergence in economic activity is between the economies.
From the UK, we also have CPI and retail sales due to be released. Last month, CPI rose more than expected, but the BoE have been doing their best to ease concerns that is not the start of a new trend. Another surprise on the upside will put pressure on the Bank, as well as their easing policy.
Now that you're aware of the key economic events taking place in 2025, let's talk about how Equals Money can elevate your international payments experience. Our service is designed to make your life easier and transactions smoother.
In conclusion, staying informed about key economic calendar indicators, events, and dates is vital for making informed financial decisions. Whether you're monitoring GBP, EUR, or USD, these dates can significantly impact your currency exchange rates.
For the dates, events, and economic indicators that matter most to businesses, investors, and economic enthusiasts. Our Economic Calendar offers comprehensive insights into the meaningful indicators influencing market movements and FX rates across the UK, US, and EU.
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