*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.
- May 24, 2024
- Technical Analysis
A Hawkish Tone from Central Banks Weigh on Stocks, US PCE up Next
The Fed and RBNZ highlight inflation risks which saw the dollar and Treasury yields strengthen, weighing on stocks. In the coming week PCE will be the...
- May 24, 2024
- Technical Analysis
FTSE 100, DAX 40 and S&P 500 Drop as Rates Higher for Longer Scenario Scares off Buyers
Outlook on FTSE 100, DAX 40 and S&P 500 amid signs that Fed members worry about inflation creeping back....
- May 24, 2024
- Market News
BoJ Faces Dilemma: Hiking Rates into Economic Weakness as Inflation Path Wavers
A worsening economic backdrop, declining consumer spending and a lack of progress in the desired wage-price spiral hampers the BoJ amid future rate hi...
- May 24, 2024
- Market News
Gold Prices Sink, Support Breakdown Heralds More Weakness; XAU/USD Key Levels
This article explores gold’s technical and fundamental outlook, discussing potential scenarios that could play out over the coming days and weeks....
- May 24, 2024
- Market News
Gold Price Outlook: XAU/USD Turns on Hawkish Fed, Stronger USD and Yields
Gold loses it shine after a Hawkish Fed and firmer USD Pressure XAU/USD. The precious metal is set for its worst week since December, as bulls waver. ...
- May 24, 2024
- Market News
Japanese Yen Sentiment Analysis & Outlook – USD/JPY, EUR/JPY, GBP/JPY
This article explores retail sentiment on the Japanese yen through an analysis of USD/JPY, EUR/JPY, and GBP/JPY. Moreover, we consider potential near-...
- May 23, 2024
- Market News
US Crude Oil Bounces Back But Looks Rangebound Before OPEC’s June Meet
Crude prices have been much more in thrall to the monetary policy outlook than either gas or metals...
- May 23, 2024
- Technical Analysis
Dow Sustains Losses but Nasdaq 100 Hits New High and Nikkei 225 Recovers
While the Dow is struggling to hold recent gains, the Nasdaq 100 is back at a new high. Meanwhile, the Nikkei 225’s choppy recovery continues...
- May 23, 2024
- Technical Analysis
US Dollar Technical Outlook: EUR/USD, GBP/USD, NZD/USD Price Setups
The US dollar has taken a step back this week as moves have been driven largely by localised data and central bank developments during a quieter week ...