WM MarketsNews & Research Blog - Forex Market Updates & Analysis

Brent crude regained momentum on Tuesday, climbing back above the key $108 mark as buyers reasserted control following a brief period of consolidation. The renewed strength helps offset cautionary signals from Monday’s candlestick, which…
Read More...

Cable came under renewed pressure on Monday as a fresh wave of risk aversion boosted demand for the US dollar, prompting another test of the key support zone at 1.3470. The area, marked by the 38.2% Fibonacci retracement of the…
Read More...

EUR/USD extended its decline in early Monday trading, falling about 0.5% as the US dollar strengthened on mounting expectations of another Federal Reserve rate hike. Additional support for the greenback came from a risk-off market mood…
Read More...

U.S. consumer prices rose by 0.4% in August, matching market expectations and accelerating from a 0.1% increase recorded in July. On an annual basis, inflation held steady at 3.4% in the twelve months through August, unchanged from the…
Read More...

Gold edged higher in early Friday trading, recovering modestly after Thursday’s sharp 2% decline as investors engaged in profit-taking while awaiting key U.S. inflation data for fresh direction. The precious metal came under significant…
Read More...

Brent crude oil surged more than $3 on Thursday, climbing to near $106 per barrel, a level last seen on May 22. The rally accelerated after prices broke and closed above the psychologically significant $100 threshold on Wednesday,…
Read More...

The U.S. dollar index remained under pressure for a second consecutive week, slipping to its lowest level in nearly three weeks on Wednesday. The greenback resumed its broader downtrend after the U.S.-backed intervention to support the…
Read More...

AUD/USD extended its latest advance from the 0.7121 higher low for a fifth straight session, supported by growing market expectations that the Reserve Bank of Australia will raise interest rates at its September 29 policy meeting. Recent…
Read More...

Brent crude surged to a fresh multi-week high on Tuesday as renewed tensions in the Middle East threatened to further disrupt limited oil flows through the strategic Strait of Hormuz. Prices moved closer to the psychologically…
Read More...

USD/JPY came under renewed selling pressure at the start of the week, falling more than 1% during Asian and European trading on Monday as the pair attempted to resume last week's sharp downturn after a brief pause on Friday. The…
Read More...