*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.
- October 29, 2022
- Market News
GBP Fundamental Forecast: BoE and Fed Hikes Threaten GBP Recovery
Recent rate hikes have been positive for USD but not for the pound. Strong US fundamentals also point to lower GBP/USD ahead of more possible US job a...
- October 29, 2022
- Technical Analysis
EUR/CHF IG Client Sentiment: Our data shows traders are now at their least net-long EUR/CHF since Jun 14 when EUR/CHF traded near 1.04.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bu...
- October 28, 2022
- Market News
Why Do Stocks Suffer When Interest Rates Rise?
Higher US Treasury yields have coincided with declines by US stock markets....
- October 28, 2022
- Market News
DAX, FTSE Boom Faces Resistance After Strong Week of Gains
Dax and FTSE have had a good run this week despite higher rates and political uncertainty that continues to rattle markets....
- October 28, 2022
- Technical Analysis
Bond Market Low Looks to Be In, Rally Set to Continue
The bond market appears to have bottomed for now, with a technical structure in place for traders to work with....
- October 28, 2022
- Market News
US Dollar Retains Gains Despite Softer-than-Expected Core PCE Inflation
September U.S. Core PCE rises to 5.1% y-o-y, one-tenth of a percent below expectations, a sign that inflationary pressures remain elevated but are gro...
- October 28, 2022
- Technical Analysis
EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Jun 14, 2022 when EUR/CHF traded near 1.04.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bu...
- October 28, 2022
- Market News
GBP Outlook: UK Tax Hikes Considered and PCE Data to Inform FOMC
PCE data is likely to guide the Fed’s tone next week as the rate setting committee is expected to hike by another 75 bps. Potential hawkish message ...
- October 28, 2022
- Technical Analysis
The Importance of Liquidity in Forex Trading
The FX market offers more liquidity than other markets, offering traders a unique advantage....