WM MarketsNews & Research Blog - Forex Market Updates & Analysis

WTI crude edged higher on Thursday, partially recovering from the previous day’s sharp 2.4% drop, following signals from OPEC suggesting additional output increases starting in June. However, the rebound remains limited, weighed down by…
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EUR/USD gained early Thursday, indicating renewed strength from the broader bullish trend after a two-day pullback from the recent four-year high at 1.1573 found solid support near the 1.1300 area. The near-term outlook remains strongly…
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Data released on Wednesday showed that the U.S. Flash Composite PMI Index—which measures activity across both the manufacturing and services sectors—fell to 51.2 in April, down from 53.5 in March, marking the lowest reading since December…
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Bitcoin surged to its highest level since early March on Wednesday, marking a strong three-day rally that signals a potential continuation of the recovery from the 2025 low at 74,389. The fresh bullish momentum followed a brief period of…
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Gold Holds at $3300 Support as Market Awaits Next Move Gold extended losses for a second consecutive day on Wednesday, sliding to the $3300 support zone in early trading, continuing a sharp pullback from Tuesday’s record high at $3500.…
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Bulls are showing early signs of fatigue as GBPUSD edges closer to the key resistance at 1.3434 — the 2024 high from September 26 — after repeatedly failing to sustain moves above the 1.3400 mark. Heavily overbought conditions on the…
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USDJPY saw a slight uptick on Tuesday after bears broke the psychological 140 support level, reaching a new multi-month low at 139.88, and came close to testing the key mid-term support at 139.57, the 2024 low from September 16. Partial…
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Gold surged dramatically since Monday's opening at $3333, reaching $3500 by Tuesday morning, marking a 5% increase in just over 24 hours. The rally that began at the start of the year shows no signs of slowing down, with gold climbing…
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Japan’s core consumer price index — which includes oil products but excludes fresh food — rose by 3.2% in March, matching forecasts but accelerating from 3.0% in February. The increase was mainly driven by a persistent rise in food…
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WTI crude marked its second consecutive weekly gain, rising 3.3% this week, buoyed by growing optimism over easing trade tensions between the United States and the European Union, the prospect of a possible deal, fresh U.S. sanctions on…
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