WM MarketsNews & Research Blog - Forex & CFD Market Analysis

BTCUSD maintains a firm tone, hovering near its new record high of 73,839 reached in March, after a strong 3.6% surge on Tuesday pushed it above 73K for the first time in seven and a half months, nearing its all-time peak. Bitcoin has…
Read More...

The U.S. goods trade deficit climbed to a 2.5-year high in September, reaching $108.2 billion, according to the Commerce Department’s Bureau of Economic Analysis. This 14.9% increase, the largest monthly rise since March 2022, reflects a…
Read More...

Gold maintains a strong position, trading just below last week's record high, driven by solid safe-haven demand amid ongoing geopolitical tensions and increasing U.S. election uncertainty. Markets are now focused on upcoming U.S. labor…
Read More...

WTI oil opened with a wide gap down on Monday, dropping to nearly one-month lows with a 5% decline at the start of the week. The primary driver was Israel’s weekend strike on Iran, which left Iran’s oil facilities unaffected, easing…
Read More...

The latest survey from the Ifo Institute shows a surprising boost in German business sentiment, with the Ifo business climate index rising to 86.5 in October, up from September’s 85.4 and beating market expectations of 85.6. This increase…
Read More...

The recovery is likely to remain limited, as the pair is entrenched in a broader downtrend driven by both negative technical signals and weak fundamentals. Recent PMI data from the EU, Germany, and France revealed mixed results. French…
Read More...

AUDUSD edged higher on Thursday morning after bears repeatedly failed to break through the 200-day moving average support at 0.6627. The recovery is in its early stages and requires further upside movement to confirm a stronger bullish…
Read More...

The dollar continues its strong bullish rally for the third straight day, fueled by expectations that a Trump victory in the U.S. presidential election would bolster the economy and ease pressure on the Federal Reserve. Additionally,…
Read More...

A strong upward movement during Asian and early European trading on Wednesday saw the USDJPY rise by 1%, reaching new multi-week highs last seen in late July. The recent breach of the psychological 150 barrier was accompanied by a…
Read More...

EURUSD slipped below the key psychological level of 1.08, reaching a new multi-week low early Wednesday. The broader bearish trend remains intact, strengthened by the recent formation of a 10/200DMA death cross. A daily close below 1.08…
Read More...