WM MarketsNews & Research Blog - Forex & CFD Market Analysis

EURJPY continues its upward trend, extending its steep rise for the sixth consecutive day and surpassing the 171 mark in early Monday trading. Despite overbought conditions and signals from Japanese authorities about possible…
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EUR/USD fell to a one-week low on Friday, extending the sharp decline from Thursday, as the pair faced renewed pressure from downbeat PMI data. Reports released on Friday indicated a slowdown in the services industry in the Eurozone and…
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The Bank of England (BoE) has opted to maintain its main interest rate at 5.25%, holding steady at a 16-year high just before the July 4 election. This decision, endorsed by a 7-2 vote from the Monetary Policy…
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USDJPY maintains its upward trajectory, breaching the significant Fibonacci barrier at 158.22 (76.4% of 160.19/151.85) that had previously thwarted multiple attempts. A sustained breakthrough here would signal fresh bullish momentum,…
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USDCHF surged by approximately 0.7% on Thursday following the SNB's 25 basis points rate cut, reducing the interest rate from 1.5% to 1.25%. The central bank justified its decision by citing the ongoing decline in inflation and the…
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Gold prices saw a notable rise today as investors reassessed the global economic outlook and the monetary policies of major central banks. This increase comes amid declining consumer sentiment in the United States and growing concerns over…
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Oil prices edged higher on Monday as hopes for increased demand from the summer driving season in the northern hemisphere offset disappointing Chinese economic data, highlighting a bumpy recovery for the world's largest crude…
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EURUSD extends its sharp decline into a second consecutive day, trading near a 1.5-month low on Friday. Fresh risk aversion stemming from growing political uncertainty in France, which is affecting the entire eurozone, has put significant…
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EURGBP hit a new multi-month low on Friday, reaching its lowest level since early August 2022. It is on track for its biggest weekly loss since early January, following a gap lower at the start of the week due to growing political…
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Gold is likely to retest the recent record high and challenge the psychological $2500 level in the coming months, as all key factors driving the metal’s price remain supportive. Persisting geopolitical tensions and threats of…
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