*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 11, 2022
- Market News
EUR/USD Latest: EURUSD Prints Largest Single Day Rise Since 2020
EUR/USD posted its highest single day rise since the start of the pandemic as softer US CPI data resulted in a sizeable downward revision in the dolla...
- November 11, 2022
- Market News
USD/JPY Weakness Leaves 140.00 as the Next Downside Objective
USD/JPY made a failed attempt to break below 140 yesterday after the latest US inflation report showed price pressures cooling in the States....
- November 11, 2022
- Market News
British Pound Breaking News: UK GDP Beat Keeps GBP Bid For Now
GBP/USD pushed higher after UK GDP data surprised to the upside....
- November 11, 2022
- Technical Analysis
S&P 500 Index Technical Outlook: Key Barrier Broken. Where to Next?
The S&P 500 index’s break above key resistance on Thursday confirms that the month-long uptrend is intact. To what extent can it rise and what a...
- November 11, 2022
- Market News
Japanese Yen Holds Ground as Inflation Data Sinks the US Dollar. Lower USD/JPY?
The Japanese Yen gained on a weaker US Dollar after US CPI came in softer than forecast, driving Treasury yields lower and spurring hopes for a Fed po...
- November 11, 2022
- Market News
Bitcoin Rebound in Doubt Amid Crypto Market Woes as APAC Markets Eye Risk-On Session
Bitcoin rebounded strongly during US trading hours after a weaker-than-expected CPI report weighed on Fed rate hike bets. Asia-Pacific markets will at...
- November 11, 2022
- Market News
Nasdaq 100, S&P 500, Dow Rally as US Inflation Surprises to the Downside
Major U.S. stock indices surged on Thursday after a softer-than expected inflation report bolstered bets that the Fed will downshift to a slower tight...
- November 11, 2022
- Technical Analysis
US Dollar Forecast: Drop in Yields Post-CPI Spurs Major Technical Reversals in DXY, USD/JPY Rates
The US Dollar’s post-CPI meltdown is one for the books....
- November 11, 2022
- Market News
Fedspeak This Week
Federal Reserve officials are out in force this week following last week’s 75 basis point rate hike....