WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The dollar index held a firm tone early Thursday, following a 0.7% rebound the previous day, as it once again failed to sustain a break below the key psychological 100 support level. The greenback gained momentum from support at the 100…
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Gold eased from its new record high of $2670 early Wednesday, taking a breather after a 1.10% rise on Tuesday, driven by a weaker dollar amid expectations of further aggressive rate cuts from the Fed. The People's Bank of China's…
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Data from Germany's Ifo institute, released on Tuesday, revealed that business morale fell more than expected in September, marking the fourth consecutive month of decline. The Ifo business climate index dropped to 85.4 in September, the…
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AUD/USD pulled back from a new multi-month high on Tuesday after the Reserve Bank of Australia (RBA) held rates steady at its policy meeting. Governor Bullock's less hawkish comments dampened expectations for potential policy tightening.…
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EUR/USD fell sharply on Monday morning following weaker-than-expected German and French PMI data, with Germany's manufacturing PMI dropping to 40.3, signaling recession risks and dampening sentiment. The fresh decline adds to the…
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BTC/USD edged higher on Friday, reaching a new three-week high as it attempted to build on Thursday's 4.6% rally. Bitcoin was bolstered by the Fed's rate cut and a dovish shift in global interest rate expectations. The technical outlook…
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USD/JPY surged by more than two figures on Friday after the Bank of Japan left interest rates unchanged and indicated no rush for future hikes, despite borrowing costs remaining very low. This renewed push higher follows Thursday’s…
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Gold surged past the psychological $2600 barrier, reaching a new all-time high on Friday morning. This marks a decisive breakout after an initial post-Fed spike tested but failed to sustain a move above this key resistance level. The…
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The Bank of England held interest rates steady at 5.0% in its September policy meeting, with an 8-1 vote in favor of maintaining the current rate. This follows the central bank's first rate cut since 2020 last month. UK policymakers also…
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Wide post-Fed market swings suggest the dollar is still searching for direction, with Wednesday’s long-tailed candle and today’s extended upper shadow indicating a continuation of its range-bound, indecisive movement. An initial dip…
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