*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.
- June 14, 2024
- Technical Analysis
FTSE 100, DAX 40 and CAC 40 try to Stabilize Following Thursday’s Sharp Losses
Outlook on FTSE 100, DAX 40 and CAC 40 as large outflows continue to weigh on these major indices...
- June 14, 2024
- Market News
French-German Bond Spread Widens, Signaling Euro Weakness Ahead of Elections
The euro faces a challenging week as political uncertainties in France outweigh the brief reprieve from US CPI data. EUR/USD and EUR/GBP technical ana...
- June 14, 2024
- Market News
US Dollar Index Prints a One-Month High, USD/JPY Rallies Post-BoJ Meeting
The US dollar is benefiting from a bout of weakness in the Euro and the Japanese Yen and is nearing levels last seen one month ago....
- June 14, 2024
- Market News
BoJ Preview: Inflation and Wages Leave more to be Desired
BoJ expected to leave rates on hold but talk over gradually reducing bond purchases are likely to draw the focus tomorrow. Yen gives back ground after...
- June 14, 2024
- Technical Analysis
Dow and Nikkei 225 under pressure, but Nasdaq 100 surges once more
Tech stocks show no sign of stopping, and the Nasdaq 100 is now well beyond 19,000, but both the Dow and Nikkei 225 heavyweights have stumbled....
- June 13, 2024
- Market News
Euro Latest – EUR/USD and EUR/GBP Technical Outlooks
The Euro bounced back from heavily oversold conditions on Wednesday, helped by a softer than expected US inflation report....
- June 13, 2024
- Market News
FOMC Roundup: Fed Reconsiders Rate Cuts as Inflation Forecast Drifts Higher
Fed trims rate cut bets as inflation forecast rises. USD reclaims ground on hawkish projections, while US equities rally on lower yields despite hotte...
- June 13, 2024
- Market News
US Dollar Index Slumps as Inflation Data Comes in Lower Than Expected
The latest US CPI report missed all market forecasts and sent the US dollar index spinning lower. Later today, the FOMC meeting and economic projectio...
- June 13, 2024
- Market News
Market Snapshot Pre-FOMC: EUR/USD, S&P 500, USD/JPY
US CPI posted encouraging figures, acting as a release valve for the dollar and lingering concerns of accelerating price pressures. This is how major ...