*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 28, 2023
- Market News
AUD/USD Price Forecast: Double Top Breaks Aussie Dollar
AUD has suffered at the hands of a strengthening US dollar while Australian retail sales shows a slowing economy as rates hamper consumer spending....
- July 28, 2023
- Market News
US Dollar in the Crosshairs as BoJ Tilts Post ECB and Fed Decisions. Lower USD/JPY?
The US Dollar ascendency got back on track after a tumultuous few trading sessions that has seen most of the major global central banks have their say...
- July 28, 2023
- Market News
Japanese Yen Drops as BOJ Keeps Policy Unchanged: What’s Next for USD/JPY?
The Japanese yen dropped against the US dollar after the Bank of Japan’s (BOJ) kept its ultra-loose policy settings and maintained the cap on th...
- July 28, 2023
- Market News
Cautious Risk Tone, with Chatters of a Policy Adjustment from the BoJ: USD/JPY, Nikkei 225, EUR/JPY
A jump in Treasury yields kept the pressure on risk sentiments, driven by stronger-than-expected US economic data and chatters of a policy adjustment ...
- July 28, 2023
- Market News
USD/JPY in Turmoil, Rumors of Possible BoJ YCC Tweak Sends Yen Soaring
USD/JPY slumps following reports that the Bank of Japan could tweak its yield curve control program at its July monetary policy meeting, as part of a ...
- July 28, 2023
- Technical Analysis
Crude Oil Rally in Focus as Retail Traders Turn Net-Short for First Time Since April
WTI crude oil prices have rallied over 17 percent since bottoming. For the first time since April, retail traders are now majority short, and this has...
- July 28, 2023
- Market News
DAX, Dow Latest: FOMC, ECB, US GDP and Earnings Spur on Advances
The Dow’s impressive run continues as traders seemingly opt for value over growth while positive German earnings and a slightly dovish ECB propels t...
- July 28, 2023
- Technical Analysis
EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since Jul 06, 2023 when EUR/USD traded near 1.09.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bea...
- July 28, 2023
- Market News
Gold (XAU/USD) Price Slumps After Better-Than-Expected US Growth Revealed
Gold has broken lower after the first look at US Q2 GDP surprised to the upside....