*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 3, 2024
- Technical Analysis
FTSE 100, DAX 40 and S&P 500 Recover from Last Week’s Lows
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of probable 25 bps ECB rate cut....
- June 3, 2024
- Market News
GBP/USD Testing 1.2700 as USD Picks Up a Bid, UK Manufacturing Expands in May
Cable is struggling to move higher despite positive UK manufacturing data. The dollar remains better bid and this is driving GBP/USD lower....
- June 3, 2024
- Market News
OPEC+ Fights Declining Oil Prices with Extended Production Cuts, Phased Tapering
Oil attempts to find support after OPEC+ extended output cuts into 2025. Oil prices attempt to make a recovery after multiple days of losses...
- June 2, 2024
- Market News
Markets Week Ahead: ECB Rate Decision, US NFPs – USD, Gold, Euro, Nasdaq
The ECB is fully expected to start cutting interest rates on Thursday while the monthly US NFPs follow the next day....
- June 1, 2024
- Market News
Gold Price Forecast: Bears Take Out Key Support, Next Leg Lower May Be Underway
This article solely discusses gold’s near-term technical outlook, analyzing market sentiment and price action dynamics. Potential scenarios that cou...
- May 31, 2024
- Market News
US Dollar Weakens After Monthly Inflation Cools, Gold Gains Momentum
US dollar eases, and gold attracts a bid as monthly Core PCE Inflation misses expectations....
- May 31, 2024
- Technical Analysis
FTSE 100, DAX 40 and S&P 500 await US PCE inflation print
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of the Fed’s preferred PCE inflation reading....
- May 31, 2024
- Market News
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
Price pressures in Japan are increasing, according to inflation data released today, an encouraging sign for the Bank of Japan as they look to start n...
- May 31, 2024
- Market News
Gold Price Forecast: Bearish Continuation in Play with Key Support Under Threat
This article investigates a bearish trade idea for gold, identifying an important technical support zone that, if broken, could herald a more substant...