WM MarketsNews & Research Blog - Forex Market Updates & Analysis

U.S. non-farm payroll data revealed a surprising slowdown, with only 12,000 jobs created in October, well below the forecasted 103,000 and a downward revision in September’s job count from 254,000 to 223,000. The unemployment rate remained…
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The Bank of Japan is signaling a possible move away from its ultra-easy monetary policy, though it remains cautious on timing rate hikes. At its recent meeting, the BOJ held short-term interest rates at 0.25%, while Governor Kazuo Ueda’s…
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The eurozone economy expanded more than expected in the third quarter, with GDP growth reaching 0.4%, up from 0.2% in the previous quarter and beating forecasts of 0.2%. Despite this growth, underlying issues such as stagnation in the…
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BTCUSD maintains a firm tone, hovering near its new record high of 73,839 reached in March, after a strong 3.6% surge on Tuesday pushed it above 73K for the first time in seven and a half months, nearing its all-time peak. Bitcoin has…
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The U.S. goods trade deficit climbed to a 2.5-year high in September, reaching $108.2 billion, according to the Commerce Department’s Bureau of Economic Analysis. This 14.9% increase, the largest monthly rise since March 2022, reflects a…
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Gold maintains a strong position, trading just below last week's record high, driven by solid safe-haven demand amid ongoing geopolitical tensions and increasing U.S. election uncertainty. Markets are now focused on upcoming U.S. labor…
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WTI oil opened with a wide gap down on Monday, dropping to nearly one-month lows with a 5% decline at the start of the week. The primary driver was Israel’s weekend strike on Iran, which left Iran’s oil facilities unaffected, easing…
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The latest survey from the Ifo Institute shows a surprising boost in German business sentiment, with the Ifo business climate index rising to 86.5 in October, up from September’s 85.4 and beating market expectations of 85.6. This increase…
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The recovery is likely to remain limited, as the pair is entrenched in a broader downtrend driven by both negative technical signals and weak fundamentals. Recent PMI data from the EU, Germany, and France revealed mixed results. French…
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AUDUSD edged higher on Thursday morning after bears repeatedly failed to break through the 200-day moving average support at 0.6627. The recovery is in its early stages and requires further upside movement to confirm a stronger bullish…
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