WM MarketsNews & Research Blog - Forex Market Updates & Analysis

GBPUSD edges higher following Wednesday’s 1.1% drop after the US election, signaling an initial recovery as bears face repeated rejection of further downside. The failure to break the Fibonacci support at 1.2846 (76.4% of 1.2664/1.3434)…
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The US Federal Reserve is expected to cut interest rates by 25 basis points to a range of 4.50%-4.75% at the conclusion of its two-day policy meeting today. While markets still anticipate another rate cut in December, initial…
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Bitcoin led gains in post-election trading on Wednesday, surging 9% in direct response to Trump’s victory. The strong rally pushed prices to a new record high of 75,411 before some profit-taking pulled the price back to 72,700, the lower…
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Republican Donald Trump declared victory in the 2024 presidential election, with projections indicating that Republicans will also regain control of the Senate. Trump expressed his gratitude to the American people for the "extraordinary…
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The dollar edged lower on Tuesday as traders cautiously reduced their exposure ahead of the initial results from the U.S. election. A fresh dip tested Monday’s low of 103.45, though downside momentum remained limited, as bears struggled…
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The AUDUSD climbed to a one-week high on Tuesday morning after the RBA maintained interest rates at a 12-year high and adopted a hawkish stance regarding ongoing inflation risks, while remaining prepared to act if the economy weakens…
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The Reserve Bank of Australia (RBA) has kept its cash rate steady at 4.35%, marking a 12-year high, as it continues to address persistent inflation pressures. This decision reflects the RBA’s cautious approach in balancing a strong labor…
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With just one day remaining before the pivotal U.S. Presidential election, market activity has slowed as investors await the outcome of voters’ decisions. Candidates Donald Trump and Kamala Harris are making their final campaign stops…
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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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