WM MarketsNews & Research Blog - Forex Market Updates & Analysis

WTI oil opened $5 higher on Monday and surged more than 6% in early trading, after the “Trump Indicator” — one of the market’s main fundamental drivers at present — reversed course over the weekend amid renewed tensions surrounding the…
Read More...

Gold opened sharply lower on Monday, gapping down and falling roughly $150 from Friday’s high, as market sentiment shifted again following weekend escalation that resulted in the closure of the Strait of Hormuz. The renewed deterioration…
Read More...

Crude oil prices fell sharply on Friday after the Iranian government announced that the Strait of Hormuz had been reopened to all commercial shipping. Brent crude dropped by around 10% immediately following the statement during early…
Read More...

The euro rallied to a fresh two-month high on Friday, as bulls regained momentum after an eight-day advance paused in the previous two sessions with narrow consolidation. Continued weakness in the dollar helped sustain risk appetite and…
Read More...

WTI oil prices moved lower on Friday after repeated failures to secure a close above the key $90 resistance level, increasing pressure on near-term support at the base of the daily Ichimoku cloud. Price action has now traded within the…
Read More...

Bitcoin edged lower after a strong three-day advance that lifted the price above the 74,375 Fibonacci level (38.2% retracement of the 97,946/59,805 decline) and through key resistance at 74,575/74,775, where the daily Ichimoku cloud top and…
Read More...

The dollar edged modestly higher on Thursday as traders took profits following the recent decline, which accelerated over the previous three sessions and dragged the currency index to its lowest level since late February. Oversold…
Read More...

AUDUSD maintained a firm tone on Wednesday, reaching a marginally higher one-month peak, supported by improving risk sentiment driven by renewed optimism over a potential US–Iran peace agreement. The bullish outlook is reinforced by…
Read More...

Cable edged slightly lower on Thursday as bulls paused for consolidation after a strong two-day advance, which formed part of a broader seven-day rally that lifted the pair to a two-month high of 1.3589 on Tuesday and briefly pushed it…
Read More...

WTI crude oil prices surged on Monday, with markets reacting sharply to the breakdown of weekend peace talks between the United States and Iran, which reignited geopolitical risk across energy markets. The contract opened…
Read More...