WM MarketsNews & Research Blog - Forex Market Updates & Analysis

In October, US inflation rose by 0.2% month-over-month, consistent with September and meeting forecasts. The annualized inflation rate climbed to 2.6% from 2.4% in September, also aligning with expectations. Core inflation, which excludes…
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AUDUSD remains under pressure for the fourth consecutive day, though Wednesday’s decline slowed, with trading confined to a narrow range just above a three-month low. Daily technical indicators remain bearish, supporting further downside…
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The dollar index maintains a firm stance, holding above the previous peak of 105.79, though near-term trading has quieted early Wednesday in anticipation of a key economic event—today's US inflation data. The recent strong rally driven…
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The GBPUSD pair is trading within a tight consolidation range in early Wednesday sessions, as bearish momentum eases following a steep three-day decline of 1.85%. Tuesday’s break and close well below key support levels at 1.2846 (76.4%…
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Gold extended its decline to a new multi-week low on Tuesday, reaching levels not seen since September 20, following Monday’s sharp 2.5% drop. The precious metal remains under pressure in the short term, with a steep downtrend triggered…
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Bitcoin surged past the psychological $90,000 mark in early Tuesday trading, building on Monday’s 10% rally—the largest daily gain since May 15. Since Trump’s election victory, Bitcoin has maintained strong upward momentum, advancing 30%…
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EURUSD opened the week with a negative tone, dropping 0.7% by early US trading on Monday, following a 0.8% decline on Friday, marking a total loss of 2.7% since Trump's victory announcement on Wednesday. The euro also posted a weekly…
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Gold remains on the back foot, staying in the red for the second consecutive day, pressured by a stronger dollar and a reduction in U.S. political uncertainty, which had recently driven safe-haven demand. Additionally, expectations of…
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Bitcoin maintains a strong momentum, reaching a new record high above 82K early Monday, following a nearly 5% gain the previous day after breaking the psychological 80K level. The rally was further fueled by euphoria surrounding Trump's…
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USDJPY regained momentum, bouncing from 152.14, which marked the low of a two-day pullback from multi-week highs. This recovery offsets the bearish signal from the recent bull-trap on the weekly chart, where prices failed to close above the…
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