WM MarketsNews & Research Blog - Forex Market Updates & Analysis

Brent crude rebounded from a three-and-a-half-week low on Wednesday as renewed concerns over a potential deadlock in US-Iran negotiations revived supply worries, offsetting positive developments from recovering Middle Eastern exports.…
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The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 4.60%, responding to mounting inflationary pressures driven by stronger-than-expected July inflation data and a sharp increase in oil prices. The central bank…
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Cable is consolidating above last Thursday’s three-month low of 1.3204, posted just ahead of the key 38.2% Fibonacci retracement of the 1.2100 to 1.3870 rally at 1.3193, following a sharp two-week decline of around 2%. A wave of…
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Gold tumbled more than 3% on Monday, extending its decline after President Trump dismissed Iran’s proposal aimed at easing regional tensions and reopening the Strait of Hormuz. The move sent oil prices sharply higher, reigniting inflation…
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Brent crude prices edged lower on Friday as a combination of end-of-week profit-taking and a deterioration in market sentiment weighed on the commodity. Oil came under pressure after renewed optimism surrounding a potential diplomatic…
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USDJPY eased from a fresh three-week high on Friday as traders locked in profits following a near two-week rally. The pullback was driven by a combination of technical and fundamental factors, including overbought daily stochastic…
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EUR/USD edged higher on Thursday morning as sellers paused following a sharp three-day decline that gathered momentum on Wednesday, driving the pair down 0.5% on the day. The euro remains under sustained pressure amid growing…
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AUDUSD tumbled to a seven-week low on Wednesday, accelerating its decline as the US dollar remained firmly supported by expectations that elevated oil prices will sustain inflationary pressures and reinforce the Federal Reserve’s tightening…
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The US dollar index remains firmly on the front foot, trading near its highest level in two months as expectations of additional Federal Reserve rate hikes continue to strengthen. The greenback has so far shrugged off the impact of…
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Brent crude remained under pressure for a fifth straight session on Tuesday, extending its decline from the $110 resistance area, where repeated upside failures signaled waning bullish momentum. The latest selloff pushed prices below the…
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