*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.
NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Jun 10, 2022 when NZD/USD traded near 0.64.

NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Jun 10, 2022 when NZD/USD traded near 0.64.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bu...
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USD Breaking News: Core PCE Data Leaves Dollar on the Backfoot

USD Breaking News: Core PCE Data Leaves Dollar on the Backfoot

The US dollar continues its downward trajectory after the core PCE statistic showed support to Fed Chair Jerome Powell’s dovish statement last night...
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British Pound Latest – GBP/USD Prints a Fresh Multi-Month High

British Pound Latest – GBP/USD Prints a Fresh Multi-Month High

Cable is benefitting from the latest US dollar sell-off and is now probing an important long-term technical indicator....
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US Equities Update: S&P 500, Nasdaq, Dow Rise on Dovish Powell

US Equities Update: S&P 500, Nasdaq, Dow Rise on Dovish Powell

US equities shot up after Fed Chair Powell’s dovish comments which dovetails nicely with the positive sentiment out of China as easier lockdown meas...
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USD/JPY Update: BoJ and Fed Chair Powell’s Comments Form Perfect Cocktail for Yen Gains

USD/JPY Update: BoJ and Fed Chair Powell’s Comments Form Perfect Cocktail for Yen Gains

USD/JPY picked up steam yesterday as the dollar index recorded its worst month of losses in 12 years. Further downside ahead or time for a retracement...
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Euro (EUR) Latest: EUR/USD Set For Further Gains After Fed Powell’s Dovish Nudge

Euro (EUR) Latest: EUR/USD Set For Further Gains After Fed Powell’s Dovish Nudge

Fed chair Jerome Powell yesterday indicated that the Fed is set to reduce the size of future rate hikes although he reiterated that rates may need to ...
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How to Learn Technical Analysis with DailyFX

How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more…...
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AUD/USD Forecast: Aussie Feeds Off Risk-On Sentiment Fueled by China and Fed

AUD/USD Forecast: Aussie Feeds Off Risk-On Sentiment Fueled by China and Fed

The Australian dollar pushed higher on the back of a weaker USD and an improving Chinese COVID situation leaving AUD/USD above 0.68....
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Japanese Yen Leaps as US Dollar Sinks Post Powell. Is the Peak in Place for USD/JPY?

Japanese Yen Leaps as US Dollar Sinks Post Powell. Is the Peak in Place for USD/JPY?

The Japanese Yen continued higher after US Dollar today as the market has deciphered Fed Chair Powell’s comments are not as hawkish as had been fear...
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