WM MarketsNews & Research Blog - Forex Market Updates & Analysis

The dollar continues its strong bullish rally for the third straight day, fueled by expectations that a Trump victory in the U.S. presidential election would bolster the economy and ease pressure on the Federal Reserve. Additionally,…
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A strong upward movement during Asian and early European trading on Wednesday saw the USDJPY rise by 1%, reaching new multi-week highs last seen in late July. The recent breach of the psychological 150 barrier was accompanied by a…
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EURUSD slipped below the key psychological level of 1.08, reaching a new multi-week low early Wednesday. The broader bearish trend remains intact, strengthened by the recent formation of a 10/200DMA death cross. A daily close below 1.08…
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Cable is currently in an extended consolidation phase around the breached psychological support level of 1.30, as larger bears take a moment to consolidate above key support levels. In the near term, price action remains within the daily…
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AUDUSD rebounded from a new six-week low in early trading on Tuesday, as bearish pressure encountered strong support at 0.6645/27 (50% retracement of 0.6348/0.6942 / 200DMA). Recent recovery efforts are testing significant resistance at…
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Silver prices surged to their highest levels since November 2012 on Monday, following last Friday’s impressive 6.4% daily rally, as the psychological barrier of $34.00 was breached. The metal’s rise was driven by increased safe-haven…
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Gold continues to rise, reaching new record highs on Monday morning. The recent close above the psychological $2700 barrier has generated a fresh positive signal, reinforcing a bullish outlook. The yellow metal is benefiting from…
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USDJPY gained momentum in early Monday trading but remains within its recent range, awaiting a stronger directional signal. The short-term outlook is expected to stay bullish as long as the price holds above the rising daily Tenkan-sen…
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Gold broke through the psychological $2700 barrier on Friday morning, reaching a new historical high. The price continues to be supported by looser monetary policies and increasing concerns surrounding the upcoming U.S. election.…
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The European Central Bank (ECB) implemented its third interest rate cut of the year on Thursday, lowering the deposit rate by 25 basis points to 3.25%. This marks the first consecutive rate cut in 13 years, signaling a notable shift in the…
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