WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The European Central Bank (ECB) reduced interest rates by 25 basis points to 3.50%, in a widely anticipated move. This marks the second rate cut since June, signaling the ECB’s entry into an easing cycle. However, the central bank offered…
Read More...

EURUSD remained steady early Thursday as traders held back in anticipation of the European Central Bank's key policy decision later in the day. The central bank is widely expected to lower rates by 25 basis points to 3.5%, following…
Read More...

Cable dropped sharply after Wednesday’s US inflation data, reaching its lowest point in three weeks and breaching the key psychological support level at 1.30. While the inflation data broadly met expectations, core CPI data indicated…
Read More...

U.S. consumer prices rose by 0.2% month-over-month in August, matching July’s figure and aligning with expectations. On an annual basis, the CPI increased by 2.5%, the smallest rise since February 2021, down from the 2.9% recorded in July.…
Read More...

USDJPY dropped to its lowest level in 8½ months on Wednesday, reaching 140.70, after testing critical support at 141.68 (low from August 5). The subsequent rebound, driven by oversold conditions on the daily chart, was supported by…
Read More...

Gold prices rose for the third consecutive day on Wednesday morning, approaching a new all-time high. Investors are awaiting the release of the US August CPI report to gain clarity before next week's Federal Reserve policy meeting. If…
Read More...

China's trade data for August paints a mixed picture, with strong export growth sharply contrasted by disappointing import performance. Exports surged 8.7% year-on-year, the fastest in nearly 18 months, as manufacturers likely ramped up…
Read More...

EURUSD is pressing against the key support level at 1.1040 (38.2% Fibonacci retracement of the 1.0781/1.1200 bullish move), after multiple recent attempts to break below this level. Tuesday’s trading remains confined to a narrow range…
Read More...

The dollar index climbed on Monday as market sentiment shifted in favor of a less aggressive 25 basis point Fed rate cut, following mixed US labor data that indicated a controlled slowdown in the labor market. While the dollar gained…
Read More...

Oil prices ticked up slightly on Monday, holding within a narrow consolidation range after Friday's 1.8% drop, triggered by disappointing US jobs data. The modest rise in early Monday trading was attributed to partial profit-taking and…
Read More...