WM MarketsNews & Research Blog - Forex Market Updates & Analysis

The Euro continues its downward leg from the December 24 peak at 1.1808, where the larger rally had been capped by the 76.4% Fibonacci retracement of the 1.1918–1.1468 range. The pair is now attempting to establish itself below the critical…
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Bitcoin extended its losses for a second consecutive day on Wednesday, tracking weakness seen across many traditional safe-haven assets. The downside intensified after repeated rejections at key resistance around $94,000, which aligns with…
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Gold prices softened in early Wednesday trading as some investors took profits after a three‑day rally that pushed the metal above the key psychological $4,500 level. The recent pullback found support near the $4,300 area, where the…
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WTI oil rose further on Tuesday, following US action in Venezuela, which caused uncertainty over country’s oil production and boosted demand. Although it is still early to estimate what consequences will US unprecedented action cause on…
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The dollar index opened the week with a bullish gap and advanced to a three-and-a-half-week high on Monday, maintaining a firm tone at the start of the new year. Heightened uncertainty surrounding the US attack on Venezuela supported…
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Here’s a polished and professional rewrite of your text: Gold surged to a new record high, climbing above the $4,400 per ounce mark following an early Monday rally of 1.8%, pushing prices further into uncharted territory. The…
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EURJPY surged to a fresh all-time high after a 1.1% jump in post-BoJ policy decision trading. The Japanese yen weakened broadly despite the Bank of Japan raising interest rates by 25 basis points to 0.75%—the highest level in three…
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The Bank of England reduced its benchmark interest rate by 25 basis points, lowering it from 4.00% to 3.75%, in line with market expectations, while signaling a potential slowdown in the pace of future cuts. Data released on Wednesday…
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Gold rebounded from the key $4300 support zone, which had successfully contained declines over the past three sessions, and is on track for a fourth consecutive daily close above this level, reinforcing the positive outlook. Renewed…
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Silver surged over 4% on Wednesday, reaching a new record high of $66.51, fueled by renewed demand for precious metals following US data that indicated further weakness in the labor market, boosting expectations of a more dovish Fed stance.…
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