WM MarketsNews & Research Blog - Forex Market Updates & Analysis

Cable dropped sharply after Wednesday’s US inflation data, reaching its lowest point in three weeks and breaching the key psychological support level at 1.30. While the inflation data broadly met expectations, core CPI data indicated…
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U.S. consumer prices rose by 0.2% month-over-month in August, matching July’s figure and aligning with expectations. On an annual basis, the CPI increased by 2.5%, the smallest rise since February 2021, down from the 2.9% recorded in July.…
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USDJPY dropped to its lowest level in 8½ months on Wednesday, reaching 140.70, after testing critical support at 141.68 (low from August 5). The subsequent rebound, driven by oversold conditions on the daily chart, was supported by…
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Gold prices rose for the third consecutive day on Wednesday morning, approaching a new all-time high. Investors are awaiting the release of the US August CPI report to gain clarity before next week's Federal Reserve policy meeting. If…
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China's trade data for August paints a mixed picture, with strong export growth sharply contrasted by disappointing import performance. Exports surged 8.7% year-on-year, the fastest in nearly 18 months, as manufacturers likely ramped up…
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EURUSD is pressing against the key support level at 1.1040 (38.2% Fibonacci retracement of the 1.0781/1.1200 bullish move), after multiple recent attempts to break below this level. Tuesday’s trading remains confined to a narrow range…
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The dollar index climbed on Monday as market sentiment shifted in favor of a less aggressive 25 basis point Fed rate cut, following mixed US labor data that indicated a controlled slowdown in the labor market. While the dollar gained…
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Oil prices ticked up slightly on Monday, holding within a narrow consolidation range after Friday's 1.8% drop, triggered by disappointing US jobs data. The modest rise in early Monday trading was attributed to partial profit-taking and…
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Gold starts the week on a weaker note following Friday's 0.8% drop, closing below the $2500 mark. The decline was driven by Friday's US labor data, which showed lower-than-expected job growth, but a surprising drop in the unemployment rate…
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Today’s NFP report, the most crucial of several US labor sector releases this week, revealed that nonfarm payrolls increased by 142,000 jobs in August, below the expected 164,000 rise and following a downward revision of July’s figure from…
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