WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The dollar maintained its strong tone and reached new multi-month highs early on Wednesday, following a 0.56% surge fueled by stronger-than-expected U.S. data on Tuesday. The U.S. employment cost index increased more than anticipated…
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Gold prices faced renewed pressure on Tuesday, losing around 1.5% so far and breaking through the pivotal $2,300 level, which aligns with key technical support levels such as the psychological barrier, the daily Kijun-sen, and the April…
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Eurozone inflation held steady at 2.4% in April, as anticipated, but core inflation, which excludes volatile items such as food, energy, alcohol, and tobacco, dipped to 2.7% from 2.9% in March, slightly above the expected 2.6%. The…
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Recent data from China reveals a deceleration in growth across both the manufacturing and services sectors in April, indicating a loss of momentum for the world's second-largest economy at the start of the second quarter. Although strong…
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Bitcoin dropped 2.5% on Monday, maintaining a weak near-term outlook as the extension of the bear-leg from the April 23 lower top at 67,264 brings the key 60,000 support zone into focus. A cluster of strong supports between 60,700 (daily…
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USDJPY surpassed the psychological 160 barrier and reached a new multi-decade high early Monday. This was followed by a sharp decline to the 155.00 area, possibly due to suspected market intervention. The recent decline breached a key…
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The Personal Consumption Expenditures (PCE) price index, a key inflation gauge favored by the Federal Reserve for its 2% target, increased by 0.3% month-over-month in March, matching the previous month's rate and…
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USDJPY reached a new 34-year high on Friday, driven by the Bank of Japan's decision to keep its ultra-low interest rates unchanged and the lack of clear guidance on the timing of the next rate hike, which further…
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The Bank of Japan decided to keep its ultra-low interest rates steady, a widely anticipated move, and conveyed growing confidence in meeting its 2% inflation target in the coming years. As expected, the BOJ maintained its ultra-low…
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Gold prices are trading within a tight range on Wednesday, following a nearly 3% drop over the last two days. This movement breached the psychological $2300 support level, but it failed to sustain a lower break, held back by the daily…
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