WM MarketsNews & Research Blog - Forex Market Updates & Analysis

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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Investors are now turning their attention to fresh signals on the U.S. monetary policy outlook, focusing on Wednesday’s release of the U.S. PCE Price Index, the Federal Reserve’s preferred measure of inflation, and remarks from Fed Chair…
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Brent crude remains on a firm upward trajectory on Friday, trading near a one-month high and heading for a second consecutive week of strong gains, with prices up nearly 6% so far this week. The latest rally continues to be fueled by…
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BTC/USD extended its powerful advance for a third consecutive session, rising more than 20% and reaching levels last seen in mid-May. The cryptocurrency is also on track to post its strongest weekly performance since the first week of…
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EUR/USD extended its strong rally into a second straight session on Thursday, climbing to its highest level in three months as bullish momentum remained firmly in control. The pair continues to draw support after Wednesday’s 0.85%…
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Gold prices surged more than 3% on Wednesday, fueled by a sharp decline in the U.S. dollar amid growing expectations that the Federal Reserve will maintain a dovish monetary policy stance. The latest advance marks a renewed attempt…
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