*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.
- April 23, 2024
- Market News
EUR/USD Rises after Shock US PMI Highlights Demand Weakness
EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrender...
- April 23, 2024
- Market News
British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations
Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough...
- April 23, 2024
- Market News
Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus
The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict...
- April 23, 2024
- Technical Analysis
Dow, Nasdaq 100 and Nikkei 225 Make Headway Off Recent Lows
The selling in indices has stopped for now, with major markets higher after finding at least a short-term low last week....
- April 23, 2024
- Market News
Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week
Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential...
- April 23, 2024
- Market News
Risk Sentiment Snapshot: Gold, Silver and S&P 500 Price Trends
Risk sentiment has improved at the start of the week, seeing notable moves across typically risk sensitive assets in a week when US data and tech earn...
- April 23, 2024
- Market News
Japanese Yen Latest: USD/JPY and GBP/JPY Technical Analysis and Outlooks
The Bank of Japan’s latest policy decision, US Q1 GDP, and Core PCE data makes this an important week for USD/JPY traders....
- April 22, 2024
- Market News
EURUSD Steadies As Market Looks Ahead To Key US Inflation Numbers
The Euro’s sharp slide has relaxed a little but there are still few if any reasons to back the single currency over the greenback...
- April 22, 2024
- Market News
Aussie Dollar Outlook: Sentiment Reversal Fuels AUD Recovery
The Aussie dollar attempts to claw back losses on an improving risk outlook. However, declining Aussie inflation and hot US data (GDP, PCE) pose a thr...