*Disclaimer: All our blogs are resourced from another website, which Union Traders Society provided these only for reference purpose. Therefore, readers run the risk of taking something out of context.
- April 28, 2024
- Market News
Gold Weekly Forecast: XAU/USD Bullish Drivers Dissipate
Gold rose last week but the size of the recent gains have tapered off as risk sentiment recovered. Will elevated rates weigh on gold or will growth co...
- April 26, 2024
- Technical Analysis
Will Inflation Concerns Rattle the FOMC amid Weaker US Growth?
US-focused week ahead with the FOMC meeting, major tech stock earnings and NFP stealing the limelight, but other standouts include US PMI data as well...
- April 26, 2024
- Market News
US PCE Data Beats Expectations – Price Pressures Delay Rate Cut Plans
Year-on year US PCE data followed on from yesterday’s quarterly surprises to give the FOMC something to think about when they meet next week to set ...
- April 26, 2024
- Technical Analysis
FTSE 100 hits yet another record high while DAX 40 and S&P 500 resume their ascents
Outlook on FTSE 100, DAX 40 and S&P 500 amid strong US earnings....
- April 26, 2024
- Market News
Japanese Yen Slumps to Fresh Multi-Decade Lows, USD/JPY Eyes US PCE Report
The Japanese Yen continued to fall to new multi-decade lows against a range of currencies after the BoJ left monetary policy unchanged. Weaker-than-ex...
- April 26, 2024
- Technical Analysis
Australian Dollar Outlook – AUD/USD and AUD/JPY Technical and Sentiment Analysis
The Australian dollar is picking back up against the US dollar and continues to plough ahead against the Yen, for now at least...
- April 26, 2024
- Market News
Gold, Silver Price Outlook: Precious Metals Seek Directional Cue
Gold and silver have pulled back from their respective highs, looking for the next catalyst. With risk sentiment improving, precious metals may find s...
- April 25, 2024
- Market News
Crude Oil Prices Retrace Some Losses Despite US Demand Doubts
US crude inventories fell, but much of this was down to oil exports rather than strong local demand....
- April 25, 2024
- Market News
US Q1 GDP Misses Forecasts, PCE Beats Estimates, US Dollar Moves Higher
The US economy expanded by 1.6% q/q in the first three months of the year, missing estimates of 2.5% and down from 3.4% in Q4 2023. US dollar firms af...