WM MarketsNews & Research Blog - Forex & CFD Market Analysis

US Producer Price Index slipped by 0.1% in August, following a downwardly revised 0.7% rise in July (from 0.9%), defying expectations for a 0.3% increase. On an annual basis, PPI rose 2.6%, missing both the 3.3% forecast and July’s…
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USDJPY regained upside momentum on Wednesday after dipping to its lowest in nearly a month on Tuesday. The sharp downside rejection created a bear trap below the daily cloud base and formed a Hammer candle, both adding to positive…
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EURUSD extended its pullback in early Wednesday trading after losing nearly 0.5% on Tuesday, though downside momentum was capped despite a bearish engulfing pattern on the daily chart. Solid support emerged at 1.1690 (23.6% retracement…
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Gold climbed to a new record high of \$3659 in early Tuesday trading, extending the sharp 1.5% rally from Monday that drove a decisive break and close above the key psychological \$3600 barrier. Fresh US labor data confirmed that market…
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US nonfarm payrolls delivered a major disappointment in August, with the economy adding only 22,000 jobs compared to an upwardly revised 79,000 in July and far short of expectations for a 75,000 increase. The report also showed…
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WTI oil stays in negative territory for the third straight session, hovering near a two-week low on Friday, pressured by signals that OPEC+ may announce additional production increases at its meeting over the weekend, alongside an…
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Eurozone inflation rose to 2.1% in August from 2.0% in July, in line with expectations and staying close to the European Central Bank’s 2% target, reinforcing market bets that rates will remain unchanged in the near term. Core inflation,…
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Gold extends its upward trend and spiked to the highest levels since late April, coming just short of a new record high on Monday. The weaker dollar on rising expectations of a September Fed rate cut, fueled by dovish remarks from US…
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The dollar index remains in negative territory for the fifth consecutive session and again pressures key supports at 97.61/52 (daily cloud base / Fibo 61.8% of 95.97/100.04), which have so far held firm against repeated attempts and…
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Silver accelerates higher at the start of the week, rising over 2% in Asia and early Europe on Monday to break above the psychological \$40 barrier for the first time in more than a decade. The metal extends gains to the highest level…
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