WM MarketsNews & Research Blog - Forex & CFD Market Analysis

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…
Read More...

Oil prices dropped by over 2% on Tuesday as expectations of increased supply and weak global demand growth overshadowed concerns about escalating conflict in the Middle East and its potential impact on crude exports from the region.…
Read More...

USD/JPY surged to a three-week high of 146.49 on Friday before dropping sharply by over three figures, driven by speculation that Japan's new prime minister might support further Bank of Japan tightening. This was perceived as a potential…
Read More...

Gold prices eased on Friday after hitting a new record high on Thursday, with end-of-week profit-taking driving the pullback. So far, the dip has been shallow, with a stronger decline unlikely as the market consolidates and positions for…
Read More...

The Swiss National Bank (SNB) cut interest rates by 25 basis points to 1% during its Thursday policy meeting, marking the lowest level in over 1.5 years. The move was widely anticipated and aligned with a broader global trend of monetary…
Read More...

The dollar index held a firm tone early Thursday, following a 0.7% rebound the previous day, as it once again failed to sustain a break below the key psychological 100 support level. The greenback gained momentum from support at the 100…
Read More...

Gold eased from its new record high of $2670 early Wednesday, taking a breather after a 1.10% rise on Tuesday, driven by a weaker dollar amid expectations of further aggressive rate cuts from the Fed. The People's Bank of China's…
Read More...

Data from Germany's Ifo institute, released on Tuesday, revealed that business morale fell more than expected in September, marking the fourth consecutive month of decline. The Ifo business climate index dropped to 85.4 in September, the…
Read More...

AUD/USD pulled back from a new multi-month high on Tuesday after the Reserve Bank of Australia (RBA) held rates steady at its policy meeting. Governor Bullock's less hawkish comments dampened expectations for potential policy tightening.…
Read More...

EUR/USD fell sharply on Monday morning following weaker-than-expected German and French PMI data, with Germany's manufacturing PMI dropping to 40.3, signaling recession risks and dampening sentiment. The fresh decline adds to the…
Read More...