WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The dollar index edged higher on Monday, opening with a gap up as markets reacted to a significant shift in President-elect Donald Trump’s rhetoric. Trump moved from advocating for a weaker dollar to combat trade wars to issuing threats…
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The USDJPY slid to a six-week low on Friday, accelerating its decline following a stronger-than-expected rise in Tokyo’s November inflation, which heightened market anticipation of a Bank of Japan rate hike in next month’s policy meeting.…
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EUR/USD eased in early Thursday trading, slipping modestly after Wednesday’s robust 0.8% gain, but the dip remained supported by the broken 10-day moving average (1.0524), which has now turned into a support level. Near-Term Outlook and…
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Bitcoin advanced 3.1% in early American trading on Wednesday, recovering from a correction low of 90,732 following a four-day pullback from its record high of 99,807. The rebound gained traction as the decline found solid support above…
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USD/JPY continued its downward acceleration for a second consecutive session, falling 1.1% during Asian and European trading hours on Wednesday. The primary drivers of the decline were increased demand for the yen as the month-end and…
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The New Zealand dollar jumped roughly 1% against the U.S. dollar on Wednesday after the Reserve Bank of New Zealand (RBNZ) announced a 50-basis-point rate cut, falling short of market expectations for a more aggressive 75-basis-point…
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EUR/USD traded within a narrow range early Tuesday, continuing the sideways movement seen on Monday, which resulted in a Doji candle, signaling market indecision. An initial positive signal is forming on the daily chart following last…
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Gold prices fell more than 2% on Monday, as traders took profits following last week's nearly 6% rally, the biggest weekly gain in almost two years. Weaker sentiment, fueled by easing safe-haven demand, was also a factor. The nomination…
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Data from the Ifo Institute revealed that Germany’s business climate index dropped to 85.7 in November, down from 86.5 in October, falling short of the 86.0 consensus forecast. The stronger-than-expected decline in business morale…
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GBP/USD dropped below the 1.2500 mark, hitting a new 6.5-month low on Friday, following disappointing UK retail sales for October and weak November PMI figures. These reports further pressured the pound, compounded by worsening geopolitical…
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