WM MarketsNews & Research Blog - Forex & CFD Market Analysis

Data from the Ifo Institute revealed that Germany’s business climate index dropped to 85.7 in November, down from 86.5 in October, falling short of the 86.0 consensus forecast. The stronger-than-expected decline in business morale…
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GBP/USD dropped below the 1.2500 mark, hitting a new 6.5-month low on Friday, following disappointing UK retail sales for October and weak November PMI figures. These reports further pressured the pound, compounded by worsening geopolitical…
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EUR/USD remains biased to the downside as near-term price action stays within an extended consolidation range above the 13-month low of 1.0495. The upside is capped by strong resistance at the 1.0600 zone, which includes the April 16 low,…
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Bitcoin reached a new all-time high above $94K on Wednesday, fueled by growing expectations for more crypto-friendly policies under the incoming Trump administration. The break above the top of a seven-day consolidation range has…
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The USD/JPY gained 0.7% on Wednesday during Asian and European trading, rebounding as concerns over an immediate escalation in the Ukraine conflict began to fade. Dollar strength, driven by continued "Trump trade" momentum, also supported…
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Gold prices climbed on Tuesday, continuing their rebound from two-month lows, as the dollar retreated from recent highs and escalating Russia-Ukraine tensions boosted safe-haven demand. Spot gold rose 0.8% to $2,633.8 an ounce, while…
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Oil prices held steady on Tuesday, as traders balanced the partial restart of production at Norway's key Johan Sverdrup oilfield with heightened geopolitical tensions following Russia's revised nuclear threat policy. Brent crude futures…
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Bears take a pause after a two-week decline (down 6.5%) from a record high, with gold finding support around the $2540 zone, held by the rising 100-day moving average (DMA). The price rebounded from a two-month low on Monday, as the…
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Gold remains under strong selling pressure, extending its steep post-election downtrend to a two-month low on Thursday. Reduced political uncertainty in the US and rising expectations that Trump's economic policies will significantly…
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The pound continues to trend downward, driven by the so-called "Trump trades," as the dollar sees a significant rally fueled by post-election optimism. The sharp bearish move has now extended into its fifth consecutive day, hitting a new…
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