*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 27, 2023
- Market News
Asia Day Ahead: Lukewarm Reaction to Fed Meeting
The Fed has hiked its policy interest rate by 25 bp and left the door open for another hike, but additional tightening moves are perceived to lack com...
- July 27, 2023
- Technical Analysis
Dow Jones, S&P 500 Unscathed by Fed Rate Hike. Retail Traders Turn More Bearish
The Dow Jones and S&P 500 were left unscathed by this month’s Fed rate hike. But, retail traders are becoming more bearish. Is this a sign that ...
- July 27, 2023
- Market News
EUR/USD Up After Fed Hike but Skating on Thin Ice, ECB Guidance Key to Outlook
The upcoming European Central Bank monetary policy announcement and guidance will play a crucial role in shaping the near-term directional bias of EUR...
- July 27, 2023
- Market News
Fed Hikes Rates After Short Pause, Gold and US Dollar Forge Separate Paths
The Federal Reserve resumed its tightening campaign at its July meeting after a brief pause last month, lifting interest rates by 25 basis points to 5...
- July 27, 2023
- Market News
Euro Snapshot Ahead of the FOMC Rate Decision, EUR/USD EUR/JPY
EUR/USD appears to have stabilized ahead of the FOMC statement while EUR/JPY hints at a potential breakdown and the Japanese yen gains in popularity a...
- July 27, 2023
- Market News
WTI and Brent Take a Pause Ahead of the Fed, Fireworks Ahead?
Oil prices appear to have run out of steam as the recent rally hovered in overbought territory yesterday before a pullback this morning. Will the Fed ...
- July 26, 2023
- Technical Analysis
Fed Ahead as the Dollar Index Appears Vulnerable
An interesting day thus far as Australian Inflation continued its downward trajectory while Japanese Business sentiment improved. The Fed lies ahead w...
- July 26, 2023
- Market News
S&P 500, Nasdaq Update: US Stocks Ease Ahead of FOMC Despite Positive Earnings
US equity futures point to a softer start at the open ahead of the FOMC rate announcement. Solid Q2 results from Microsoft and Alphabet unable to lift...
- July 26, 2023
- Market News
British Pound (GBP) Turns Positive: GBP/USD and EUR/GBP Latest
The British Pound is turning higher against the US dollar ahead of the FOMC meeting later today, while the recent EUR/GBP sell off as stalled....