{"id":17775,"date":"2025-03-05T15:35:24","date_gmt":"2025-03-05T15:35:24","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/the-fx-trading-day-begins-with-eurusd-usdjpy-and-gbpusd-all-gaining-against-the-dollar\/"},"modified":"2025-03-05T15:35:24","modified_gmt":"2025-03-05T15:35:24","slug":"the-fx-trading-day-begins-with-eurusd-usdjpy-and-gbpusd-all-gaining-against-the-dollar","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/bm\/live-updates\/the-fx-trading-day-begins-with-eurusd-usdjpy-and-gbpusd-all-gaining-against-the-dollar\/","title":{"rendered":"The FX trading day begins with EURUSD, USDJPY, and GBPUSD all gaining against the dollar"},"content":{"rendered":"<p>The USD is weaker at the start of the US session, with the EUR showing the most upward movement, gaining nearly 0.80%. The GBP and JPY are also higher, up about 0.3% versus the dollar.  <\/p>\n<p>The EURUSD is trading near 1.0695, testing key levels, including the 200-day moving average. The USDJPY is fluctuating above 149.22 following BOJ comments about gradual rate hikes, while the GBPUSD has outperformed, surpassing its 200-day moving average.  <\/p>\n<h3>Market Trends And Yields<\/h3>\n<p>US yields have risen with a steeper yield curve, and stock futures suggest a rebound after previous declines. Significant movements are also noted in European indices, with the German DAX up 3.3%.  <\/p>\n<p>Key updates include Trump&#8217;s focus on tariffs and economic measures, BOJ&#8217;s gradual rate increase approach, and the RBNZ&#8217;s leadership transition. US mortgage applications surged by 20.4%, driven by refinancing, as the mortgage market remains at late December&#8217;s levels. The White House reports progress in peace talks, potentially impacting aid to Ukraine.  <\/p>\n<p>Currently, crude oil and gold have decreased, while silver and Bitcoin have seen gains.  <\/p>\n<p>The dollar has started the US session on the weaker side, with the euro leading in strength. A rise of almost 0.80% places EURUSD near 1.0695, where it is testing levels that many watch closely, including the 200-day moving average. Meanwhile, the pound and yen have seen modest gains of about 0.3% against the greenback.  <\/p>\n<p>USDJPY has been moving above 149.22, still reacting to statements from policymakers in Japan discussing a careful approach to increasing interest rates. Sterling, on the other hand, has performed better, pushing past its own 200-day moving average\u2014a technical signal that often shifts sentiment.  <\/p>\n<p>In US bond markets, yields have climbed, and the curve has steepened, suggesting expectations around growth and policy are shifting. Futures tied to American stock indices point to a recovery following previous declines. European equities have also advanced, with the DAX rising by 3.3%.  <\/p>\n<h3>Economic Policies And Global Updates<\/h3>\n<p>Among policy updates, Trump has remained focused on trade actions and economic policies, while adjustments in interest rates remain a topic for officials in Japan. In New Zealand, a transition in the Reserve Bank\u2019s leadership could bring adjustments in policy down the line. Meanwhile, mortgage activity in the US has picked up sharply, jumping 20.4%. Most of this increase has come from refinancing demand, though applications still reflect levels last seen in late December.  <\/p>\n<p>Further developments include updates from the White House on diplomatic efforts, with reports of progress in negotiations that could impact aid policies regarding Ukraine.  <\/p>\n<p>Commodity markets have moved in different directions. Oil and gold have slipped lower, while silver and Bitcoin have gained.<\/p>\n<p><b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USD is weaker as EUR gains, GBP and JPY rise. Stocks rebound, yields climb, and Bitcoin advances.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-17775","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/posts\/17775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/comments?post=17775"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/posts\/17775\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/media?parent=17775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/categories?post=17775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/bm\/wp-json\/wp\/v2\/tags?post=17775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}