*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.
- November 22, 2022
- Market News
GBP Forecast: UK Public Sector Debt the 4th Highest on Record for October, Pound Bid
The pound is trading in the green this Tuesday morning ahead of Fed speakers later today....
- November 22, 2022
- Technical Analysis
Japanese Yen Technical Outlook: Downtrend Back in Play?
USD/JPY’s break above last week’s high may have reduced imminent downside risks, but it doesn’t necessarily imply a resumption of the multi-mont...
- November 22, 2022
- Market News
Euro Firmed as the US Dollar Paused Amid Fed and China Factors. Where to for EUR/USD?
The Euro finally found some traction today after Monday’s rout that saw EUR/USD slide lower on comments from Fed speakers and China growth concerns....
- November 22, 2022
- Market News
S&P 500 a Volatility Risk While the Dollar Falls Back to a Reliable Theme: Fed Hikes
The opening day for the week upon which the Thanksgiving holiday falls has reinforced expectations for the typical liquidity curb. However, ranges as ...
- November 22, 2022
- Technical Analysis
USD/CNH Technical Outlook: Is There More Upside?
The Chinese Yuan’s slide against the US Dollar since last week is showing signs of fatigue as it tests a solid cushion. How is the trend unfoldi...
- November 22, 2022
- Market News
Crude Oil Price Whipped Around on OPEC+ Production Speculation. Where to for WTI?
Crude oil bounced around to start the week amid reports that OPEC+ was considering adding to production that was later denied by Saudi Arabia....
- November 22, 2022
- Market News
US Dollar Soars, Nasdaq 100 Sinks. Markets Face China Covid Lockdown Threats Again
The US Dollar soared on Monday as the Nasdaq 100 sank. A reemergence in harsh Chinese Covid lockdown threats leaves Asia-Pacific markets vulnerable on...
- November 22, 2022
- Market News
USDCAD Outlook Builds on Bullish View as Fed Rhetoric Feeds Rate Forecasts
Despite the provocative head-and-shoulders pattern breakdown from USDCAD early in November, the pair picked back up its recovery effort Monday amid Fe...
- November 22, 2022
- Market News
S&P 500, Nasdaq, Dow Jones Techs for This Week
US equities have shown a tendency towards range-bound behavior but the Nasdaq is starting to show a bearish lean: Might the impasse be nearing a break...