*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 10, 2022
- Market News
Euro Breaking News: ECB Economic Bulletin Reiterates Economic Woes
The ECB’s economic bulletin reiterated inflation is too high and higher rates to come. On a positive note, supply chains are improving, and energy p...
- November 10, 2022
- Market News
USD Forecast: DXY Prepares for U.S. CPI, 110 Support Handle in Focus
The U.S dollar is trading marginally higher this Thursday ahead of U.S. CPI....
- November 10, 2022
- Market News
Gold Prices May Fall on October US Inflation Data, Here are Key Levels to Watch
Gold prices may fall if US inflation data surprises higher, pushing up the US Dollar and Treasury yields. What are key technical levels to watch for X...
- November 10, 2022
- Market News
What Dollar Impact to Expect from US CPI and Is This Crypto’s Lehman Moment?
The US midterm elections have passed, but the implications for the markets seem as if they are as ambiguous after the fact as they were in the lead up...
- November 10, 2022
- Market News
British Pound Pummelled as Crypto Contagion Engulfs Risk Assets. Lower GBP/USD Again?
The British Pound is under the pump again as the collapse of FTX ricochets through markets in a risk-off rout that has seen the US Dollar resumed the ...
- November 10, 2022
- Market News
Crude Oil Price Forecast: China Virus Curbs Weigh on WTI, but Chart Shows Chance for Breakout
Crude oil prices are down over 6% this week as China increases virus-curbing measures after a surprise US stockpile build. A major US refinery is back...
- November 10, 2022
- Technical Analysis
S&P 500 Index Technical Outlook: Cracks in the Nascent Uptrend?
The sharp fall on Wednesday suggests that cracks are beginning to appear in the S&P 500 index’s month-long rebound. What is the outlook and what...
- November 10, 2022
- Market News
USD/CAD Climbs Back Above 50-Day SMA Ahead of US CPI
USD/CAD may struggle to hold above the 50-Day SMA (1.3524) as the US Consumer Price Index (CPI) is anticipated to show slowing inflation....
- November 10, 2022
- Market News
AUD/USD Falls Alongside Iron Ore and bitcoin as China Ramps Up Lockdown Measures
The Australian Dollar fell alongside iron ore prices after China increased Covid curbs in the city of Guangzhou. A crypto market rout weighed on marke...