WM MarketsNews & Research Blog - Forex Market Updates & Analysis

The Reserve Bank of Australia left its cash rate unchanged at 4.35% for a second consecutive meeting, citing an economic slowdown that remains broadly in line with its expectations. A softer-than-expected rise in Australia’s…
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EURUSD pushed once again above the key resistance area at 1.1560/66 on Monday, encompassing the 100-day moving average and the top of the daily cloud, after Friday’s failed breakout attempt. However, the pair continues to encounter…
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The US dollar index is stabilizing after Friday’s nearly 0.5% decline, triggered by weaker-than-expected US nonfarm payrolls data that dampened expectations for further Federal Reserve rate hikes and weighed on the greenback. Market…
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US nonfarm payrolls unexpectedly declined by 23,000 jobs in July, sharply missing expectations for an 80,000 increase. The report was further weakened by a downward revision to June's figure, which was cut to 20,000 from an initially…
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The Dollar Index continues to trade in a narrow consolidation range above a seven-week low, maintaining a bearish bias after last week’s sharp 1.5% decline. Recent price action has been supported by a key confluence zone around…
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Brent crude remained confined to a tight consolidation range for a second consecutive session after Tuesday’s sharp selloff, which saw prices tumble more than 6%. Despite the pause in downside momentum, the market continues to trade…
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Gold surged more than 3% on Wednesday, reaching its highest level in nearly six weeks as renewed optimism surrounding potential US-Iran peace talks eased inflation concerns and weighed on the US dollar. The move marks the strongest…
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EUR/USD remains on a constructive footing, holding above the key 1.1500 psychological level and the previously broken upper boundary of its bullish channel for a fourth consecutive session. Although Monday’s pullback from the June 17…
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Brent crude opened the week under heavy pressure, gapping lower by nearly $7 per barrel on Monday as easing geopolitical tensions in the Middle East reduced concerns over potential supply disruptions. Market sentiment improved after…
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The U.S. dollar regained momentum in early Thursday trading, recovering part of the 0.6% decline recorded after the Federal Reserve's policy announcement, which had briefly pushed the greenback to its weakest level since July 20. As…
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