WM MarketsNews & Research Blog - Forex & CFD Market Analysis

USD/CHF surged to a two-week high with a 0.8% jump on Thursday morning, following an unexpected 50 basis points rate cut by the Swiss National Bank (SNB), reducing the rate from 1% to 0.50%. The move surprised markets, which had anticipated…
Read More...

Oil prices remained relatively stable on Thursday as concerns over weak demand and a larger-than-expected rise in U.S. gasoline and distillate inventories offset gains driven by additional EU sanctions threatening Russian oil supplies.…
Read More...

AUD/USD declined on Tuesday morning after the Reserve Bank of Australia (RBA) kept interest rates steady at 4.35% but adopted a softer tone compared to its previous meeting. The RBA refrained from ruling out future policy moves, reviving…
Read More...

EUR/GBP remains on the back foot on Monday, retracing further from Thursday’s spike, indicating that the near-term correction (from the 0.8260 low) may be nearing its end. The broader downtrend continues to dominate, supported by firmly…
Read More...

Gold prices edged higher in early Monday trading, opening with a $10 gap up, driven by heightened geopolitical tensions and renewed demand. Investor sentiment shifted towards safety as Syrian rebels seized the capital, Damascus, and…
Read More...

EUR/USD is consolidating below its new one-week high, reached after a 0.8% jump on Thursday. The recent advance broke through the Fibonacci resistance at 1.0563 (38.2% of 1.0936/1.0332), following a recovery last week that stalled at…
Read More...

The dollar index traded within a tight range on Friday morning in anticipation of the U.S. non-farm payrolls (NFP) report but remained under pressure after dropping 0.5% in the previous session. This decline signaled initial bearish…
Read More...

Bitcoin surged past the monumental 100K mark on Thursday, setting a new all-time high in the 104K zone. A sharp rally of over 6% during the Asian trading session propelled Bitcoin beyond the upper boundary of its recent consolidation…
Read More...

The Australian dollar fell 1% to hit a four-month low on Wednesday following weaker-than-expected Q3 GDP figures, which dampened the Reserve Bank of Australia’s (RBA) hawkish tone. Economic growth in the third quarter came in…
Read More...

Bitcoin dropped 2.6% during Asian and European trading on Monday, pressured by a stronger dollar following recent comments from Donald Trump. Despite the dip—the largest in a week—Bitcoin remains above the critical $95,000 support level,…
Read More...