*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.
- July 2, 2022
- Market News
Forexlive Americas FX news wrap: Dollar and bonds go for a wild ride
June US ISM manufacturing index 53.0 vs 54.9 expected US May construction spending -0.1% vs +0.4% expected S&P Global final June US manufacturing ...
- July 1, 2022
- Market News
Fed’s Daly: Want to get to around 3.1% Fed funds at year end
“My own views on policy… are that we need to get to something like the neutral rate of interest by the end of the year, which in my judgment w...
- July 1, 2022
- Market News
GBP/USD has its sights set on 1.2000 again
You’d be hard-pressed to find a day where the pound isn’t acting somewhat like a commodity currency these days. On a day where the aussie ...
- July 1, 2022
- Market News
Eurozone inflation in focus to wrap up the week
Things are not boding well for risk sentiment again as we look towards European trading today. Month-end and quarter-end flows may have muddied the pi...
- July 1, 2022
- Market News
New Zealand June consumer confidence drops to 80.5 from 82.3 in May
ANZ New Zealand monthly consumer sentiment survey This article was written by Eamonn Sheridan at www.forexlive.com....
- July 1, 2022
- Market News
Big turnaround for US stocks continues: Near unchanged on the day
The S&P 500 has paired its daily decline to just 8 points or 0.2% after falling more than 83 points at the lows. I have repeatedly highlight...
- June 30, 2022
- Technical Analysis
Oil falls to $107.00 as OPEC+ stands pat
Me and Eamonn both highlighted the bearish outside day in oil yesterday and it’s coming to pass. There was a bearish outside day yesterday...
- June 30, 2022
- Market News
OPEC+ JMMC meeting begins
After this concludes, the ministerial meeting will follow. There should not be any surprises as OPEC+ sticks to the status quo. A preview from earlier...
- June 30, 2022
- Market News
German retail sales, French consumer inflation on the agenda today
Major currencies are observing light changes to start the day with the dollar keeping on firmer footing going into month-end trading. I’d reserv...