*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 15, 2024
- Market News
US Crude Oil Hands Back Early Gains As Demand Doubts Resume Control
Oil prices have plenty of support, both fundamental and technical, but, still, few obvious reasons to rise...
- May 15, 2024
- Market News
USD, Nasdaq and Yields – How are Major Markets Positioned Ahead of US CPI?
US CPI is expected to take a step back, something the Fed has been searching for all year after multiple stubborn prints dented the committee’s conf...
- May 15, 2024
- Market News
US Inflation Preview: How Will CPI Data Impact Gold, the US Dollar & Yields?
Wednesday’s U.S. inflation report has the potential to stir volatility across assets, so traders should prepare for the possibility of treachero...
- May 15, 2024
- Market News
Gold Prices Bid Despite Hot PPI, Inflation Data Next – What Now for XAU/USD?
Wednesday’s U.S. inflation report will be closely watched by market participants. Unexpected outcomes may unleash volatility, prompting dramatic...
- May 14, 2024
- Market News
USD/JPY Surges Despite Warnings: Interest Rate Differential Fuels Carry Trade
The Japanese yen continues to depreciate, testing Japanese officials ahead of US CPI data. Officials remain focused on undesirability of FX moves, not...
- May 14, 2024
- Market News
Euro Hovers Warily Against the Dollar Before the Week’s Main Events
Some more perky German sentiment data couldn’t do much for a market fixated firmly on bigger fish coming up later this week...
- May 14, 2024
- Technical Analysis
Dow & Nasdaq 100 Make Gains, while Hang Seng Rockets Higher
US indices continue their recovery from the April lows, while the Hang Seng’s huge gains have continued...
- May 14, 2024
- Market News
Sterling Steady as UK Jobless Rate Rises, Wage Pressures Keep BoE Vigilant
UK unemployment rose while wages failed to ease in March. Restrictive policy is having an effect on employment but less so on wages. US CPI will be th...
- May 14, 2024
- Market News
Gold, EUR/USD, USD/JPY – Price Action Analysis and Technical Outlook
This article provides an analysis of the technical outlook for gold, EUR/USD and USD/JPY, examining recent market trends and price action dynamics to ...