WM MarketsNews & Research Blog - Forex & CFD Market Analysis

EUR/USD weakened on Friday as recovery attempts from a fresh multi-month low of 1.0682, reached after Wednesday's 1.7% post-election drop (the biggest daily loss since March 19, 2020), failed to break through the daily Tenkan-sen at 1.0809.…
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The Bank of England cut interest rates by 25 basis points, lowering them from 5% to 4.75% after an 8-1 vote by the Monetary Policy Committee. This marks the BoE's second rate cut since 2020, and the central bank is expected to proceed…
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The dollar index pulls back from a new four-month high of 105.33 reached on Wednesday’s sharp rally—the largest daily gain in two years—following news of Trump’s election victory. Partial profit-taking has pushed the dollar lower, but…
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GBPUSD edges higher following Wednesday’s 1.1% drop after the US election, signaling an initial recovery as bears face repeated rejection of further downside. The failure to break the Fibonacci support at 1.2846 (76.4% of 1.2664/1.3434)…
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The US Federal Reserve is expected to cut interest rates by 25 basis points to a range of 4.50%-4.75% at the conclusion of its two-day policy meeting today. While markets still anticipate another rate cut in December, initial…
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Bitcoin led gains in post-election trading on Wednesday, surging 9% in direct response to Trump’s victory. The strong rally pushed prices to a new record high of 75,411 before some profit-taking pulled the price back to 72,700, the lower…
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Republican Donald Trump declared victory in the 2024 presidential election, with projections indicating that Republicans will also regain control of the Senate. Trump expressed his gratitude to the American people for the "extraordinary…
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The dollar edged lower on Tuesday as traders cautiously reduced their exposure ahead of the initial results from the U.S. election. A fresh dip tested Monday’s low of 103.45, though downside momentum remained limited, as bears struggled…
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The AUDUSD climbed to a one-week high on Tuesday morning after the RBA maintained interest rates at a 12-year high and adopted a hawkish stance regarding ongoing inflation risks, while remaining prepared to act if the economy weakens…
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The Reserve Bank of Australia (RBA) has kept its cash rate steady at 4.35%, marking a 12-year high, as it continues to address persistent inflation pressures. This decision reflects the RBA’s cautious approach in balancing a strong labor…
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