WM MarketsNews & Research Blog - Forex Market Updates & Analysis

The dollar index opened the week with a bullish gap and advanced to a three-and-a-half-week high on Monday, maintaining a firm tone at the start of the new year. Heightened uncertainty surrounding the US attack on Venezuela supported…
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Here’s a polished and professional rewrite of your text: Gold surged to a new record high, climbing above the $4,400 per ounce mark following an early Monday rally of 1.8%, pushing prices further into uncharted territory. The…
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EURJPY surged to a fresh all-time high after a 1.1% jump in post-BoJ policy decision trading. The Japanese yen weakened broadly despite the Bank of Japan raising interest rates by 25 basis points to 0.75%—the highest level in three…
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The Bank of England reduced its benchmark interest rate by 25 basis points, lowering it from 4.00% to 3.75%, in line with market expectations, while signaling a potential slowdown in the pace of future cuts. Data released on Wednesday…
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Gold rebounded from the key $4300 support zone, which had successfully contained declines over the past three sessions, and is on track for a fourth consecutive daily close above this level, reinforcing the positive outlook. Renewed…
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Silver surged over 4% on Wednesday, reaching a new record high of $66.51, fueled by renewed demand for precious metals following US data that indicated further weakness in the labor market, boosting expectations of a more dovish Fed stance.…
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Cable surged past the 1.3400 level on Tuesday morning, supported by stronger-than-expected preliminary December Manufacturing and Services PMIs, which offset weaker labor data. Sterling remains firm, holding just below a near two-month…
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The Euro maintains a firm stance at the start of the week, hovering near the multi-week high of 1.1762 reached last Thursday. Bulls remain in control, testing the previously broken Fibo barrier at 1.1746 (61.8% of 1.1918/1.1468) and…
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Gold climbed to its highest level in nearly two months on Friday after decisively breaking above the recent range ceiling at $4264, reaffirming the continuation of the recovery leg from the $3886 low of Oct 28 and pushing through the…
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The Euro holds a firm tone and extends its climb to a seven-week high on Thursday, building on Wednesday’s 0.6% post-Fed jump that accelerated bullish momentum. The currency continues to draw support from the Fed’s rate cut and the…
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