WM MarketsNews & Research Blog - Forex Market Updates & Analysis

Bitcoin dropped to its lowest point since February 27 on Wednesday as the downward trend continued for the third consecutive day. This decline was driven by diminishing expectations of imminent Fed rate cuts. On Monday, Bitcoin broke and…
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The latest ADP Employment report indicates a stronger-than-expected increase in private payrolls, with 192,000 jobs added in April, surpassing forecasts and maintaining momentum into the second quarter. The data suggests that the labor…
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The Federal Reserve concludes its two-day policy meeting today, with the release of a new statement and remarks from Chair Jerome Powell expected to shed light on how recent disappointing inflation data have…
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WTI oil prices remain down for the third consecutive day, impacted by rising hopes of a ceasefire agreement in the Middle East and an increase in U.S. crude inventories. Persistently high U.S. inflation continues to dampen expectations…
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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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