*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.
- August 7, 2023
- Market News
FTSE 100, Dax and Dow Losses Stemmed for Now
Indices have tried to slow their declines, with signs of a recovery across the Dax and Dow....
- August 7, 2023
- Market News
EUR/USD Price Forecast: Euro on Offer as German Industrial Production Contracts
The euro begins the week on the backfoot after the US dollar recovers and German industrial production misses forecasts....
- August 7, 2023
- Market News
US Dollar Struggles to Hold Gains Ahead of CPI: EUR/USD, GBP/USD, USD/JPY Price Setups
Mixed US jobs data released on Friday points to a limited upside in the US dollar ahead of the key US inflation data due on Wednesday. What is the out...
- August 7, 2023
- Market News
Asia Day Ahead: Asia on a Cautious Tone Following Wall Street’s Reversal: Nasdaq 100, USD/JPY, AUD/USD
An initial move higher in Wall Street last Friday eventually faded into the close, as market participants took the opportunity for further profit-taki...
- August 7, 2023
- Technical Analysis
Natural Gas Price Technical Forecast: Bearish Developments Brew on the 4-Hour Chart
Natural gas still maintains a broader neutral technical bias, but near-term price action is starting to look increasingly bearish. What are key levels...
- August 7, 2023
- Market News
Markets Week Ahead: British Pound, Euro, Gold, US Dollar, CPI and GDP Data
The Euro and British Pound cautiously weakened last week amid a stronger US Dollar. This also meant gold underperformed. Ahead, all eyes turn to US CP...
- August 5, 2023
- Market News
British Pound (GBP) Forecasts: GBP/USD and EUR/GBP After BoE Hike
The British Pound is marginally lower against both the US dollar and the Euro on the week after the latest BoE policy decision saw the terminal Bank r...
- August 4, 2023
- Market News
Oil Price Remains Bid Ahead of OPEC+ Meeting, US NFPs
Oil remains on the front foot ahead of two potentially market moving events...
- August 4, 2023
- Market News
July Jobs Report: Payrolls Rise by 187,000, Driving Action in Gold, US Dollar
The U.S. economy added 187,000 jobs in July, a sign that the labor remains healthy by historical standards and widespread layoffs are not occurring de...