WM MarketsNews & Research Blog - Forex & CFD Market Analysis

EURUSD rebounded on Wednesday after repeatedly testing the 1.0800 support zone (50% retracement of the 1.0666/1.0948 rally / daily Kijun-sen), indicating the formation of a bear trap. The fresh gains were driven by higher-than-expected…
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Euro zone inflation unexpectedly rose in July, ticking up to 2.6% from 2.5% in June, surpassing forecasts that anticipated an unchanged rate. The core CPI, the ECB’s key measure of underlying price growth that excludes volatile components…
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The USDJPY accelerated lower in early European trading on Wednesday following the Bank of Japan's decision to raise interest rates from 0.10% to 0.25% and unveil a plan to halve its bond-buying program. This move boosted the yen's…
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The Bank of Japan’s unexpected decision to raise interest rates and reduce its massive bond-buying program marks a significant shift in its monetary policy stance. This move has various immediate and…
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The dollar index climbed to a three-week high on Tuesday, boosted by stronger-than-expected US JOLTS data and consumer confidence figures. These solid numbers reinforce the view that the US economy remains resilient, providing fresh…
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AUDUSD remains in extended consolidation around the base of a thick daily cloud (0.6538) and above the pivotal Fibo support at 0.6528 (61.8% of 0.6362/0.6798), following a steep decline over the past nine days. While the bears take a…
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EURUSD edged higher on Tuesday morning after Monday's significant drop was cushioned by strong support at 1.0807 (daily Kijun-sen / 50% retracement of 1.0666/1.0948 rally) and failed to close below the converged 55/200DMA’s…
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BTCUSD surged on Monday, climbing 2.8% by early US trading, buoyed by dovish positions from major central banks and comments from Republican presidential candidate Donald Trump, who pledged more favorable regulations for the crypto…
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The British pound continued to decline at the start of the week following a brief consolidation on Friday. Current market bets indicate a 60% chance of a rate cut by the Bank of England at Thursday's policy meeting, putting…
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WTI oil opened higher on Monday due to escalating supply concerns following the latest developments in the Middle East conflict, which threaten to deepen the crisis. The price rebounded from last week’s low, retracing approximately 50%…
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