WM MarketsNews & Research Blog - Forex Market Updates & Analysis

USD/JPY remains firmly bid on Friday, consolidating above the 161.00 level after Thursday’s sharp advance carried the pair to 161.80, just shy of the four-decade high at 161.95 recorded in June 2024. The pair continues to draw support from…
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EUR/USD remains under pressure on Friday, hovering near its 2026 low at 1.1410 and on track for a third consecutive daily decline. The pair continues to react negatively to the Federal Reserve's hawkish policy stance, with Wednesday's…
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Brent crude has fallen more than 15% over the past four trading sessions as optimism surrounding a potential US-Iran peace agreement accelerated the recent selloff, bringing prices close to levels seen before the outbreak of the conflict.…
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UK consumer inflation remained unchanged at 2.8% year-on-year in May, below market expectations for an increase to 3.0%. Core inflation, which excludes volatile components such as food, energy, alcohol, and tobacco, rose to 2.6% from 2.5%…
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The Bank of Japan raised its policy rate by 25 basis points to 1.00%, citing mounting inflationary pressures stemming from the energy shock triggered by the Middle East conflict. The move lifts borrowing costs to their highest level since…
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The near-term recovery from the higher base around the 1.3300 zone has gained fresh traction, supported by an improving geopolitical backdrop that has boosted risk sentiment and weighed on the US dollar. Although price action remains…
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Brent crude opened sharply lower on Monday and extended losses to its weakest level in more than three months, as renewed optimism over a potential resolution to the US-Iran conflict triggered a broad risk repricing across energy markets.…
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The Australian dollar remains on the front foot, testing the key resistance zone around 0.7050 for a second consecutive session. This area, marked by the base of the daily Ichimoku cloud and the 23.6% Fibonacci retracement of the…
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The euro remains well supported on Friday, building on the previous session’s rally triggered by the European Central Bank’s first interest rate hike in three years. Additional support comes from reports suggesting progress toward a…
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The European Central Bank (ECB) raised its key interest rate by 25 basis points to 2.25% at its June policy meeting, marking its first rate increase since September 2023. The move reflects the ECB’s effort to act proactively against rising…
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