*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.
ForexLive Asia FX news wrap: Oil prices up on pipeline shut down

ForexLive Asia FX news wrap: Oil prices up on pipeline shut down

Australian December jobs data is due Thursday 19 January 2022 ANZ forecast RBNZ cash rate to peak at 3% (prior forecast 2%) US Commerce Secretary Raim...
Read More
Oil futures higher again – pipeline shutdown (Iraq – Turkey)

Oil futures higher again – pipeline shutdown (Iraq – Turkey)

The line carries more than 100,000 bbls / day to a port in the Meditteranean Sea.  An explosion and fire (likely due to a terrorist attack) has halte...
Read More
AUDUSD chops at lower levels into the close

AUDUSD chops at lower levels into the close

AUDUSD on the hourly chart The AUSUSD in the Asian session based against a swing area (see green numbered circle 8) and moved higher into another sw...
Read More
GBPUSD corrects up to old ceiling area. Will the sellers lean against the ceiling (again).

GBPUSD corrects up to old ceiling area. Will the sellers lean against the ceiling (again).

GBPUSD moves below an old ceiling. The GBPUSD has been stepped lower in trading today, with the price sliding back below its 200 hour moving average...
Read More
NASDAQ on track to close below its 200 day moving average today

NASDAQ on track to close below its 200 day moving average today

The major indices remain sharply lower with the Dow industrial average down -582 points or -1.62%, the S&P down -80.12 points or -1.72%, and the ...
Read More
Meme stock mania continues to crumble

Meme stock mania continues to crumble

It might be a long time before we see something as crazy as Gamestop again. For now though, the mania is over. The pandemic trades are all unwinding a...
Read More
The CAD is strongest and the NZD is the weakest as NA traders enter for the day

The CAD is strongest and the NZD is the weakest as NA traders enter for the day

The strongest to the weakest of the major currencies The CAD is the strongest and the NZD is the weakest as US traders return from their 3-day Martin ...
Read More
ForexLive European FX news wrap: Dollar advances on higher yields, softer equities

ForexLive European FX news wrap: Dollar advances on higher yields, softer equities

Headlines:Dollar, yen firms as risk aversion starts to kick inSurging Treasury yields a key focus as the week ramps upUS futures sink lower as tech re...
Read More
European equities kick start the day on a softer note

European equities kick start the day on a softer note

Eurostoxx -0.5%Germany DAX -0.6%France CAC 40 -0.5%UK FTSE -0.3%Spain IBEX -0.3%Tech stocks are the main laggard, with Europe’s tech index leadi...
Read More