*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.
- October 11, 2023
- Market News
Euro Price Outlook: Weak Euro Buoyed by Dollar Selloff, Lower Yields
The euro has encountered numerous challenges but the recent dollar selloff extends the relief rally seen in EUR/USD. EUR/GBP vulnerable to further dec...
- October 11, 2023
- Market News
FTSE 100, DAX 40 and S&P 500 Trade Within or Close to Key Resistance
Outlook on FTSE 100, DAX 40 and S&P 500 as more Fed voting members hold dovish views....
- October 11, 2023
- Market News
USD/CAD Price Forecast: Loonie Pauses on Upcoming US Drivers
USD/CAD prices were positive this Wednesday morning but US PPI, FOMC minutes and Fed speak will provide a volatile environment for the pair....
- October 11, 2023
- Market News
British Pound Ahead of US CPI: GBP/USD, EUR/GBP, GBP/AUD Price Setups
After weeks of losses, GBP is attempting to rebound as Fed rate hike expectations scale back ahead of the key US inflation and UK GDP data. What is th...
- October 11, 2023
- Market News
Australian Dollar Pauses as US Dollar Sinks on a Dovish Fed. Will AUD/USD Reverse?
The Australian Dollar might be at a crossroads after more Fed commentary reiterated the case for a less hawkish stance. Equity markets got a boost, bu...
- October 11, 2023
- Market News
Japanese Yen Aided by Fed Pause View, Geopolitics; USD/JPY, GBP/JPY, AUD/JPY
Dovish comments from Fed officials coupled with the violence in Israel and Gaza have put a lid on US Treasury yields, boosting JPY. What is the outloo...
- October 11, 2023
- Market News
US Dollar Faces Reversal Risk Ahead of Inflation Report as DXY Breaks Key Trendline
The US Dollar is not off to a great start this week so far ahead of the highly anticipated inflation report. Will CPI data add further fuel to what ap...
- October 11, 2023
- Technical Analysis
Euro Technical Outlook – Trend Versus Ranges for EUR/USD, EUR/JPY and EUR/CHF
The Euro appears to have a trend unfolding against the US Dollar, but ranges might be in play against the Japanese Yen and Swiss Franc. Where to for E...
- October 11, 2023
- Technical Analysis
Gold Price Update: XAU/USD Remains Vulnerable to Retail Trader Positioning Bets
Gold prices are on track for the best week since the middle of July. Yet, retail trader positioning continues to offer a bearish contrarian outlook. W...