*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.
British Pound Gains but Outlook Still Bleak, GBP/USD Eyes US Inflation for Cues

British Pound Gains but Outlook Still Bleak, GBP/USD Eyes US Inflation for Cues

The British pound is off to a strong start to the week, supported by broad-based weakness in the U.S. dollar and positive newsflows regarding China’...
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Global Stocks Extend Gains Supporting the Bullish German Dax

Global Stocks Extend Gains Supporting the Bullish German Dax

As the German Dax makes a full recovery from the September declines, a weaker USD continues to support global stocks, driving equity futures higher....
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EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since Oct 27, 2022 when EUR/USD traded near 1.00.

EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since Oct 27, 2022 when EUR/USD traded near 1.00.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bu...
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S&P 500, Nasdaq, Dow Jones Price Action Setups

S&P 500, Nasdaq, Dow Jones Price Action Setups

Equities bounced on Friday even after a strong push from bears after FOMC. This week sees CPI come back in focus – can bulls push for another bear m...
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Euro Brewing a Further Decline

Euro Brewing a Further Decline

The EU economy has proven to deliver a growth of 0.2% Q/Q in Q3. Although this looks somewhat optimistic but the small growth in Q3 still paints the s...
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USD/CAD Technical Outlook is Bearish Based on Chart Formation

USD/CAD Technical Outlook is Bearish Based on Chart Formation

USD/CAD took a big hit on Friday, and with that it is testing important support; outlook is generally bearish, but may be bumpy ride lower....
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US Dollar Price Analysis – A Weaker USD Allows Risk Markets Room to Edge Higher

US Dollar Price Analysis – A Weaker USD Allows Risk Markets Room to Edge Higher

The US dollar has opened the week on the back foot, extending Friday’s heavy sell-off. Fed speak and the latest look at US inflation are the main pr...
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EUR/USD Bounces of 50-SMA, Sustained Break Above Parity May Remain Elusive

EUR/USD Bounces of 50-SMA, Sustained Break Above Parity May Remain Elusive

The pair has returned to parity buoyed by continued dollar weakness. Have we already seen the YTD low?...
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Currency Carry Trade: What is it and how does it work?

Currency Carry Trade: What is it and how does it work?

Learn how to calculate and implement currency carry trades in your forex trading strategy....
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