WM MarketsNews & Research Blog - Forex Market Updates & Analysis

Cable remained in the red on Thursday, testing a critical support zone after giving up a 0.5% overnight gain that followed news of a potential US-UK trade deal. The initial optimism quickly faded, putting pressure back on the pair. U.S.…
Read More...

USD/JPY edged higher on Tuesday, benefiting from partial profit-taking after a sharp three-day decline of 2%. The recovery has been modest so far, barely exceeding the 23.6% Fibonacci retracement of the 145.92–142.35 downtrend. Technical…
Read More...

Markets widely expect the U.S. Federal Reserve to keep interest rates unchanged today, but the real focus is on the Fed's message, not the decision itself. According to CME Group data, there is over a 95% chance that rates will stay…
Read More...

EUR/GBP weakened on Tuesday after Germany’s Merz unexpectedly failed to secure parliamentary support to become chancellor in the first round of voting. The pair slid to a one-month low, breaching key support at 0.8480 (the 61.8%…
Read More...

Gold extended its strong recovery into a second consecutive day, reaching a two-week high on Tuesday. The price broke through the 61.8% Fibonacci retracement of the \$3,500–\$3,201 pullback (\$3,286) and neared the psychological \$3,400…
Read More...

Data released Monday showed that the U.S. services sector expanded at a faster pace in April, driven by a sharp rise in new orders and input prices, with costs for materials and services climbing to their highest levels in over two years.…
Read More...

Gold surged over 2% on Monday, buoyed by a weaker dollar and ongoing uncertainty surrounding the US-China trade dispute, which reignited safe-haven demand. The strong rebound came after repeated failures to break below key support at…
Read More...

WTI oil opened on Monday with a \$2 gap lower, reaching its lowest point since April 9, after OPEC+ announced over the weekend that it would increase oil production by 411,000 barrels per day starting in June. This decision marks the…
Read More...

Inflation in the Eurozone held steady at 2.2% in April, slightly above expectations for a 2.1% increase. Core inflation—which excludes volatile food and energy prices—rose to 2.7% from 2.4% in March, surpassing forecasts of a 2.5% gain.…
Read More...

Gold fell 1.6% during thin holiday trading in Asia on Thursday, reaching a two-week low as renewed risk appetite—driven by easing trade tensions—continued to erode the metal's safe-haven appeal. A decisive break below the key $3300…
Read More...