WM MarketsNews & Research Blog - Forex Market Updates & Analysis

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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The eurozone economy expanded more than expected in the third quarter, with GDP growth reaching 0.4%, up from 0.2% in the previous quarter and beating forecasts of 0.2%. Despite this growth, underlying issues such as stagnation in the…
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BTCUSD maintains a firm tone, hovering near its new record high of 73,839 reached in March, after a strong 3.6% surge on Tuesday pushed it above 73K for the first time in seven and a half months, nearing its all-time peak. Bitcoin has…
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The U.S. goods trade deficit climbed to a 2.5-year high in September, reaching $108.2 billion, according to the Commerce Department’s Bureau of Economic Analysis. This 14.9% increase, the largest monthly rise since March 2022, reflects a…
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Gold maintains a strong position, trading just below last week's record high, driven by solid safe-haven demand amid ongoing geopolitical tensions and increasing U.S. election uncertainty. Markets are now focused on upcoming U.S. labor…
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WTI oil opened with a wide gap down on Monday, dropping to nearly one-month lows with a 5% decline at the start of the week. The primary driver was Israel’s weekend strike on Iran, which left Iran’s oil facilities unaffected, easing…
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The latest survey from the Ifo Institute shows a surprising boost in German business sentiment, with the Ifo business climate index rising to 86.5 in October, up from September’s 85.4 and beating market expectations of 85.6. This increase…
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