*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.
- April 26, 2024
- Market News
Gold, Silver Price Outlook: Precious Metals Seek Directional Cue
Gold and silver have pulled back from their respective highs, looking for the next catalyst. With risk sentiment improving, precious metals may find s...
- April 25, 2024
- Market News
Crude Oil Prices Retrace Some Losses Despite US Demand Doubts
US crude inventories fell, but much of this was down to oil exports rather than strong local demand....
- April 25, 2024
- Market News
US Q1 GDP Misses Forecasts, PCE Beats Estimates, US Dollar Moves Higher
The US economy expanded by 1.6% q/q in the first three months of the year, missing estimates of 2.5% and down from 3.4% in Q4 2023. US dollar firms af...
- April 25, 2024
- Technical Analysis
Risk Rally Supports FX Correction Ahead of US GDP, PCE Data
G7 currencies have been afforded a moment to recover from recent losses against the dollar but high impact US data could put an end to that. FX interv...
- April 25, 2024
- Market News
Yield Curve Inversion and its Economic Implications
Yield curve inversion has historically been associated with economic slowdowns and recessions in the US....
- April 25, 2024
- Technical Analysis
Nasdaq 100 and S&P 500 Drop Back as Hang Seng Continues to Rally
US indices are struggling in the wake of Meta’s earnings last night, but the Hang Seng is showing fresh strength....
- April 25, 2024
- Market News
USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting
The yen continues to depreciate, adding pressure to Japanese authorities to respond. Will recent wage growth and yen weakness bring the inflation targ...
- April 25, 2024
- Market News
Euro Outlook – EUR/USD and EUR/GBP Technical Analysis and Sentiment Latest
The Euro has been buffeted over the last few sessions against the US dollar, while EUR/GBP has jumped on recent Sterling weakness....
- April 25, 2024
- Market News
AUD Rises as Aussie Inflation Exceeds Expectations, Erasing Rate Cut Hopes
Australian inflation dropped at a slower pace than anticipated, wiping out any lingering indication of rate cuts this year. Improved risk sentiment su...