WM MarketsNews & Research Blog - Forex Market Updates & Analysis

In a surprising move, the Swiss National Bank (SNB) has reduced its main interest rate by 25 basis points to 1.50%, diverging from the widely held expectation of maintaining rates at 1.75%. This unexpected decision positions the SNB as…
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The dollar index continues its upward trajectory, reaching a two-week high on Wednesday. This surge is fueled by optimistic sentiments regarding the Federal Reserve's forthcoming monetary policy decision. The central bank's anticipated…
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Bitcoin managed to rebound above $63,000 on Wednesday morning following a pullback from its recent peak, finding support just above the crucial Fibonacci level at $60,340 (38.2% retracement of the rally from $38,501 to $73,839) and the…
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In February, British inflation displayed a slight easing, surpassing initial forecasts. This development has fueled expectations that the Bank of England might initiate interest rate cuts in the near future. Annual…
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The USDJPY pair surged nearly 1% following a significant policy shift by the Bank of Japan (BOJ), signaling a dovish stance that suggests any future tightening of policies will be gradual. This move accentuates the already substantial…
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After nearly a decade of maintaining negative interest rates, the Bank of Japan (BOJ) has opted for a significant policy shift. This marks a departure from its previous strategy of stimulating economic growth through extensive monetary…
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Gold prices slipped below the $2,150 mark in Asian trading on Monday, as investors shied away from non-yielding assets ahead of the Federal Reserve meeting later in the week, which is expected to provide further insight into interest rate…
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Brent crude oil, a key benchmark, edged close to $86 per barrel on Monday, continuing its upward trend from last week. This increase comes as Ukraine intensifies its strikes on Russian energy infrastructure Futures for Brent crude oil…
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The price of WTI oil surged on Thursday, surpassing the significant psychological threshold of $80 and aiming for its first daily close above this mark since November 6th. Positive sentiment in the near term received a boost…
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In early Thursday trading, the Cable is testing above the 1.2800 level, suggesting that the recent shallow correction from its recent 8-month high of 1.2893 may have run its course The two-day pullback found support around the rising…
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