WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The ADP employment report revealed an unexpected decline in US private payrolls, with a drop of 32K in November, compared to an upwardly revised 47K increase in October (previously 42K) and a consensus expectation of a 5K gain. The…
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Eurozone Composite Purchasing Managers’ Index (PMI), which tracks performance of both, manufacturing and services sector, and indicates overall economic health, rose to 52.8 in November from 52.5 in October, marking its sixth monthly…
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The Euro maintains a firm tone on Tuesday after the latest recovery pushed the pair to a two-week high at 1.1652, though the swift pullback that followed signaled strong upside rejection, reflected in a daily candle with a pronounced upper…
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The dollar index came under renewed pressure on Monday, falling to a two-week low as bets for a Fed rate cut in December gained traction. Market participants are awaiting key US labor data, which could influence the central bank’s policy…
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Gold extended its upward trend on Monday, reaching a six-week high, driven by growing expectations of a Fed rate cut in December. Weak US economic data, combined with recent dovish remarks from Fed policymakers, fueled renewed bets on…
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BTCUSD slumped sharply in early Monday trading, losing around 6% by the mid-European session, retracing more than half of the 80514/93052 rebound and indicating that the corrective phase off the eight-month low at 80514 may have run its…
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Silver pushed further into uncharted territory, reaching a new record high of $57.84 in early Monday trading, extending Friday’s strong rally—the largest daily gain in nearly eight months at 5.6%—which broke and closed above the previous…
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The pair slid by a full big figure and printed the lowest level in nearly a month after the Reserve Bank of New Zealand delivered a widely expected 25 basis point rate cut, while simultaneously signaling a pause, a shift that provided…
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USDJPY retreated from a fresh ten-month high on Friday following comments from top Japanese officials that fueled expectations of potential intervention, as the yen had weakened sharply in recent weeks and approached levels where the…
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Gold surrendered more than 3% on Friday, following hawkish comments from Fed officials that further dampened expectations for a December rate cut, pushing probabilities below 50% after they had been above 80% on Thursday and over 90% just…
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