WM MarketsNews & Research Blog - Forex & CFD Market Analysis

Oil prices paused on Tuesday as the market awaits Israel's response to last week's Iranian rocket attacks, which had caused a surge in prices due to fears of a broader conflict in the Middle East. Both benchmark contracts saw gains of…
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Gold prices edged lower in Asian trading on Monday, still reeling from a sharp drop after hitting record highs. The decline followed strong U.S. payroll data, which dampened expectations for a large interest rate cut by the Federal Reserve.…
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Oil prices extended their gains on Monday, with Brent crude nearing $80 a barrel, following last week’s sharpest weekly surge since early 2023. This rise is fueled by concerns over escalating Middle East tensions and the potential…
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EUR/USD continues to trade firmly lower on Friday, hovering near its lowest levels in almost a month. Bears are targeting the critical 1.10 support zone, which includes the psychological level, the September 11 higher low, and the 38.2%…
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The British pound extended its losses on Thursday, dropping over 1% in the session as pressure mounted following dovish remarks from Bank of England Governor Andrew Bailey. Bailey hinted at the possibility of more aggressive rate cuts,…
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Key Takeaways - The 2024 US Presidential Election is expected to have a substantial impact on various markets, including stocks, commodities, cryptocurrencies, and the US dollar. - A Trump victory could boost US stocks and…
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Oil prices extended their strong rally into a second consecutive day, rising 1.6% during the European session on Wednesday after a 3.45% surge on Tuesday—marking the biggest daily gain since August 12. The price jump was driven by…
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The dollar held firm against a basket of major currencies early Wednesday, bolstered by safe-haven demand amid the latest escalation in the Middle East. The greenback’s two-day rebound from the strong 100 support zone pushed it to a…
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Eurozone inflation fell to 1.8% in September, down from 2.2% in August, beating expectations of a 1.9% rise. The drop was mainly driven by lower energy costs and stable goods prices. This marks the first time in three years that inflation…
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Goldman Sachs on Monday increased its gold price forecast for early 2025 to $2,900 per troy ounce (toz), up from its previous estimate of $2,700/toz, citing two key factors driving the upward revision. First, the investment bank expects…
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