*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 2, 2024
- Market News
US Dollar Outlook Post Fed Decision: EUR/USD & GBP/USD – Technical Analysis
This article discusses the short-term outlook for the US dollar from a fundamental and technical standpoint following the Fed’s decision, focusi...
- May 2, 2024
- Market News
Fed Keeps Rates Steady, Grows Cautious on Inflation; Gold, USD, Yields Await Powell
The Federal Reserve held interest rates unchanged for the sixth consecutive meeting, in line with expectations. Powell may offer more clues about the ...
- May 1, 2024
- Market News
Japanese Yen Ticks Lower Again as Market Looks Past Intervention Jitters to Fed
It seems highly likely that Tokyo intervened to boost the Yen this week. But, if it did, it didn’t get much for its money....
- May 1, 2024
- Technical Analysis
FTSE 100 Bucks the Trend and Remains Bid amid Jittery Dow and S&P 500 ahead of FOMC
Outlook on FTSE 100, DOW and S&P 500 ahead of FOMC and Non-Farm Payrolls....
- May 1, 2024
- Market News
Euro Latest Outlook – Bearish Technical Signal Halts EUR/USD Ahead of FOMC Decision
The Euro is struggling against the a resurgent US dollar as rate cut expectations between the two continue to widen. Today’s FOMC may underpin thoug...
- May 1, 2024
- Market News
US Dollar, Yields Receive Bullish Boost Ahead of FOMC Meeting
Increased US employment costs over the last three months rose above the maximum estimate, lifting USD and adding to recent price pressures. Will the F...
- May 1, 2024
- Market News
Fed Preview: Powell Could Fire Hawkish Warning Shot – Gold, S&P 500 Setups
This article offers an exclusive preview of the upcoming Fed monetary policy announcement scheduled for Wednesday. Furthermore, we examine the technic...
- May 1, 2024
- Market News
British Pound Down But Paring Losses Vs Dollar As Market Looks to Fed
Sterling has benefitted from increased risk appetite, but its rise seems to be losing a bit of steam...
- May 1, 2024
- Market News
Oil Prices Drop after US Employment Data Lifts USD, FOMC Next
Oil prices dropped after the EIA revised total US oil demand (Feb) higher. A surprise in US employment costs also sparked a rise in USD, weighing on o...