*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.
- February 2, 2023
- Market News
US Dollar (DXY) Latest: The Fed’s Dovish Nudge Sends the US Dollar Tumbling
The ‘disinflationary process has started’ according to Fed chair Jerome Powell at last night’s FOMC press conference, a comment that pushed the ...
- February 2, 2023
- Technical Analysis
Crude Oil Technical Outlook: Downward Pressure Intact
Crude oil’s slide may have slowed in recent months but hasn’t altered the broader downward pressure. How does the near-term outlook compare with t...
- February 2, 2023
- Market News
Gold Prices Rallied as Markets Kept Betting Against the Fed, Now What?
Gold prices rallied the most in almost 2 weeks as markets continued to bet against the Federal Reserve. What did Jerome Powell say and what are key le...
- February 2, 2023
- Market News
Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD?
The Euro raced north after Fed commentary saw the US Dollar crash on the markets’ interpretation of a dovish tilt from the Chairperson. Will an ECB ...
- February 2, 2023
- Technical Analysis
S&P 500 and NASDAQ 100 INDEX Technical Outlook: Bullish View Intact After the Fed
US equity indices’ jump after the US Federal Reserve’s rate decision further confirms the bullish outlook highlighted in the weekly forecast last ...
- February 2, 2023
- Market News
US Dollar Slammed Post FOMC as Markets Test Fed Resolve. Where to for USD?
The US Dollar slide has continued after the New York close post the Fed hiking rates and Powell putting a dovish tilt in the mindset of the market. Ho...
- February 2, 2023
- Market News
Dollar and VIX Slump After Fed Hike, Watch EURUSD and Doubt Trends
The Federal Reserve hiked its benchmark rate another 25 basis points and Powell held the door open for further hikes, but neither risk assets nor the ...
- February 2, 2023
- Technical Analysis
Natural Gas Price Plunge Extends, Milder-Than-Expected US Weather in Focus
Natural gas prices fell the most on Wednesday in almost a month as milder-than-expected US weather temperatures hinted at reduced demand. What are key...
- February 2, 2023
- Market News
FOMC Hikes Rates 25 bps As Expected, Leaves Open Further Hike Expectations
The Federal Reserve has stuck to its previously stated pace with a 25bp rate hike that lifted the benchmark range to 4.50-4.75 percent. The in-line ra...