WM MarketsNews & Research Blog - Forex Market Updates & Analysis

AUDUSD has faced increasing pressure over the past few sessions, with a fresh decline on Wednesday driving the price to a one-month low of 0.6668. The break below the 100-day moving average (0.6693) and the penetration of the thick,…
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Gold prices approached just below the record high of $2,685 during European trading on Wednesday, marking a fresh extension of the bull run from the $2,602 low on Oct 10, which had followed a corrective pullback from the same $2,685 peak.…
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Cable accelerated lower, breaking through the key psychological 1.30 support level, hitting its lowest point in nearly two months early Wednesday. Sterling dropped 0.8% in response to UK inflation data, which showed a…
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The latest UK inflation data, showing a sharp decline in both headline and core inflation, is fueling expectations of potential interest rate cuts by the Bank of England (BoE). Annual consumer price inflation fell to 1.7% in September, down…
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The ZEW Economic Sentiment Index for Germany saw a significant improvement in October, climbing to 13.1 points from 3.6 in September and exceeding forecasts of 10.2 points. This boost in investor confidence was driven by expectations of…
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Oil prices extended their steep decline for a second consecutive day, reaching a two-week low early Tuesday, after dropping nearly 4% on Monday. The drop was driven by a weaker demand outlook and indications that Israel will not target…
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EUR/USD fell to a new two-month low early Tuesday, weighed down by risk aversion following China’s latest stimulus measures and widespread expectations of a 25 basis point rate cut by the ECB on Thursday. After closing below key…
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Bears maintain control, keeping the price within the daily cloud for the third consecutive day, with the cloud top providing strong resistance and capping any upward moves. A renewed push below 1.3049 (the 50% retracement of the…
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BTC/USD regained momentum on Monday, resuming its bullish trend from the October 10 low of 58,850 after a two-day pause. The fresh push broke through the 200-day moving average (63,302), which had been capping gains for the past two…
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USD/JPY remains poised for gains, pressing against the top of its recent consolidation range in early Monday trading. With a second consecutive weekly bullish close, and last week’s long-tailed candle, market sentiment indicates that…
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