WM MarketsNews & Research Blog - Forex Market Updates & Analysis

Oil prices held steady on Tuesday, as traders balanced the partial restart of production at Norway's key Johan Sverdrup oilfield with heightened geopolitical tensions following Russia's revised nuclear threat policy. Brent crude futures…
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Bears take a pause after a two-week decline (down 6.5%) from a record high, with gold finding support around the $2540 zone, held by the rising 100-day moving average (DMA). The price rebounded from a two-month low on Monday, as the…
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Gold remains under strong selling pressure, extending its steep post-election downtrend to a two-month low on Thursday. Reduced political uncertainty in the US and rising expectations that Trump's economic policies will significantly…
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The pound continues to trend downward, driven by the so-called "Trump trades," as the dollar sees a significant rally fueled by post-election optimism. The sharp bearish move has now extended into its fifth consecutive day, hitting a new…
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Bitcoin’s rally continues to gain momentum, surging further after a brief pause on Tuesday, marked by a long-legged Doji candlestick, and reaching a new record high by breaking through the 92K mark. Bullish sentiment remains strong,…
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In October, US inflation rose by 0.2% month-over-month, consistent with September and meeting forecasts. The annualized inflation rate climbed to 2.6% from 2.4% in September, also aligning with expectations. Core inflation, which excludes…
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AUDUSD remains under pressure for the fourth consecutive day, though Wednesday’s decline slowed, with trading confined to a narrow range just above a three-month low. Daily technical indicators remain bearish, supporting further downside…
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The dollar index maintains a firm stance, holding above the previous peak of 105.79, though near-term trading has quieted early Wednesday in anticipation of a key economic event—today's US inflation data. The recent strong rally driven…
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The GBPUSD pair is trading within a tight consolidation range in early Wednesday sessions, as bearish momentum eases following a steep three-day decline of 1.85%. Tuesday’s break and close well below key support levels at 1.2846 (76.4%…
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Gold extended its decline to a new multi-week low on Tuesday, reaching levels not seen since September 20, following Monday’s sharp 2.5% drop. The precious metal remains under pressure in the short term, with a steep downtrend triggered…
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