WM MarketsNews & Research Blog - Forex Market Updates & Analysis

U.S. nonfarm payrolls posted a surprisingly strong increase of 162,000 jobs in August, far exceeding market expectations for a gain of 55,000 jobs. Additionally, July's reading was revised higher to 21,000 from the previously reported…
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EURJPY remains under heavy pressure, extending its steep selloff into a second consecutive session, with the pair down 1.3% during Thursday's Asian and European trading hours and posting cumulative losses of more than 2%. The Japanese…
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Brent crude eased into consolidation mode on Wednesday after surging 4.7% in the previous session, its strongest daily advance since July 23. Prices held just below a fresh multi-week high of $96.99, supported by escalating tensions between…
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Eurozone inflation accelerated to 3.3% in August, marking its highest level since September 2023 and rising from 2.9% in July, as renewed tensions in the Middle East drove energy prices higher and added fresh upward pressure on consumer…
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Gold remains under pressure on Monday, though the recent selloff appears to be stabilizing around the $4,400 area, where Fibonacci 38.2% retracement support of the $3,942 to $4,697 rally converges with the 20-day moving average. The…
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AUD/USD remains well supported near its highest level in three and a half months on Friday, putting the pair on course for a ninth consecutive weekly gain and a second straight monthly advance. The Australian dollar continues to draw…
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EUR/USD remains trapped in an extended consolidation phase below its fresh 3½-month high of 1.1711, while holding firmly above the recently breached Fibonacci barrier at 1.1648, representing the 61.8% retracement of the 1.1849-1.1324…
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Brent crude extended losses for a second straight session on Tuesday, dropping more than 3% as investors viewed the latest U.S. strategy of imposing sweeping sanctions on Iran as posing a lower risk to global oil supplies than a direct…
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GBP/USD traded near a fresh 6½-month high of 1.3675, reached on Friday, and remained in a quieter consolidation phase on Monday as investors turned cautious ahead of this week's key risk events. Market participants are focused on the…
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AUD/USD pauses below a fresh 2½-month high on Monday, consolidating after last Friday’s 0.8% rally capped an uninterrupted eight-week advance. The pair has broken through a significant technical barrier at 0.7180, where the 76.4%…
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