WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The dollar index remained firm on Thursday, holding near a nine-week high and heading for its strongest weekly performance in several months. The greenback’s strength in recent sessions has been underpinned by a sharp decline in the…
Read More...

Gold remains the standout performer in the markets, consolidating modestly in early Tuesday trading after surging through the \$3900 level and setting a new record high at \$3977 on Monday, as the metal now tests the pivotal \$4000 barrier.…
Read More...

Gold surged to a new all-time high of \$3871 on Tuesday, extending Monday’s sharp 2% rally, which marked the biggest daily gain since May 6. The move was fueled by intensifying concerns over a potential US government shutdown on October…
Read More...

The dollar index extended losses for the second straight session, weighed by mounting concerns over a potential US government shutdown and reinforced expectations of further Fed rate cuts, which overshadowed the support from last week’s…
Read More...

The euro inched higher on Friday as the second leg of the pullback from the new 2025 peak at 1.1918 found a footing at key Fibonacci support at 1.1655, marking the 50% retracement of the 1.1391–1.1918 rally. Near-term bearish momentum…
Read More...

WTI oil extended gains for the second consecutive session, supported by renewed supply concerns and a larger-than-expected draw in US crude inventories (API report showed -3.82 mln bbls vs -3.64 mln bbls previous week). Prices advanced…
Read More...

USDJPY strengthened on Wednesday, supported by a more cautious tone on monetary policy from Fed Chair Powell alongside increased demand from Japanese importers. The dollar regained momentum after Powell emphasized the need for a balanced…
Read More...

Silver price eased its momentum after reaching a new multi-year high at \$44.46 on Tuesday but maintains a solid bullish outlook, supported by the ongoing strength in gold. The Doji candle formed on Tuesday, followed by a similar pattern…
Read More...

A strong break through the key \$3700 resistance zone propelled gold to a new record high on Monday, with prices rising 1.1% since the open. The shallow retreat from the previous peak proved to be a brief consolidation rather than a…
Read More...

Cable remains in a steep decline from last Wednesday’s 2½-month high at 1.3725, having already retraced more than 61.8% of the 1.3333/1.3725 rally and broken through the next key support at 1.3465, marked by the daily cloud top. The…
Read More...