WM MarketsNews & Research Blog - Forex Market Updates & Analysis

In March, US retail sales exceeded projections, adding to the indication of a robust performance for the economy in the initial quarter of 2024. Marking a notable increase, retail sales escalated by 0.7% month-on-month in March,…
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Bitcoin has bounced back strongly from its recent multi-week low of $60,227, reclaiming over 50% of the almost 12% drop seen last Friday and Saturday. This bounce has temporarily mitigated downside threats. The latest rally has pushed…
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USDJPY resumes its uptrend on Monday, hitting a new multi-decade high just shy of the 154.00 mark after a brief pause last Thursday and Friday. Conditions, with last week's close above key barriers at the 152.00 zone signaling further…
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Despite a significant retreat from its recent peak of $2431 in late Friday trading, gold maintains its strength early on Monday. The ongoing geopolitical tensions and concerns about escalating conflicts in the Middle East are sustaining…
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On Friday, gold soared to a fresh all-time peak, surpassing the psychological milestone of $2400. Its ascent remained swift, requiring only a few days to traverse from one significant round figure to another. Rising geopolitical tensions…
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The Euro's downward trajectory persisted on Friday, hitting fresh lows for 2024, marking the third consecutive day of significant declines. This downturn positions the currency pair for its most substantial weekly loss since the second week…
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The dollar index maintained its strong position on Thursday, building on a notable increase of over 1% from the previous day, marking the most significant single-day gain since February 3, 2023. This upward surge was propelled by US…
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The Euro remains firmly entrenched in negative territory, hovering near last week's low at 1.0725, after experiencing a significant decline on Wednesday, with the pair down by 1%. The unexpected surge in US inflation during March tempered…
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USDJPY is currently consolidating near a new multi-decade high, hovering above the 153 mark, propelled by a robust 1% surge following stronger-than-anticipated US inflation data. A potential breakout beyond the narrow two-week range…
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On Tuesday morning, AUDUSD remains confined within a narrow trading range, retaining a slight bullish inclination following Monday's 0.5% climb and a positive indication from the daily close above 0.6597 (the 100-day moving average and…
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