*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 2, 2023
- Market News
Gold Price Takes a Tumble as US Dollar Gains Post Fitch Downgrade. Lower XAU/USD?
The gold price is in the middle of its recent range near US$ 1,950 going Wednesday after a US Dollar rally before Fitch downgraded US sovereign debt. ...
- August 2, 2023
- Market News
US Dollar, Dow Jones Sink as Fitch Downgrades US Credit Rating. Now What?
The US Dollar and Dow Jones took a plunge after Fitch downgraded the US credit rating amid fiscal deficits and an aging population. Will these moves b...
- August 2, 2023
- Market News
S&P 500 on Edge Before Apple & Amazon, Gold Tanks as Yields Soar ahead of NFP
Earnings from tech mega-caps Apple and Amazon, as well as the U.S. jobs report for July, could grab the spotlight and determine the trading bias of th...
- August 2, 2023
- Technical Analysis
RBA keep rates unchanged, US dollar picks up a small bid
RBA keep rates unchanged, US dollar picks up a small bid...
- August 2, 2023
- Market News
US Dollar Rallies on Soaring Yields, USD/JPY Rockets Higher, Eyeing 2023 Peak
U.S. Treasury yields rise across the curve, boosting the dollar against its major peers. Meanwhile, USD/JPY extends its advance, inching closer to reg...
- August 1, 2023
- Market News
Oil Price Forecast: OPEC+ Supply Expectation Sustains Key Crude Oil Benchmarks
Buoyant crude oil prices persist as high impact US and OPEC+ risk events dominate headlines this week....
- August 1, 2023
- Market News
Gold (XAU/USD) and Silver (XAG/USD) Latest Outlooks
Gold and silver remain trapped in short-term trading zones as holiday-thinned markets wait for the latest US Jobs Report...
- August 1, 2023
- Market News
Euro Price Action Setups: EUR/USD, EUR/GBP, EUR/JPY
Germany leads the EU manufacturing sector into a downward spiral with another terrible print for July. Euro selling continues apart form EUR/JPY after...
- August 1, 2023
- Market News
Nasdaq 100 and S&P 500 Near Recent Highs, Hang Seng Drops Back From Three-Month High
The tech-focused Nasdaq 100 and the S&P 500 continue to make gains, while the Hang Seng’s surge has faltered for the time being....