*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 4, 2022
- Technical Analysis
GBP/USD Technical Outlook: Has the British Pound Run its Course?
Has the British Pound’s rally against the US dollar run its course? What is the outlook and the signposts to watch?...
- November 4, 2022
- Market News
S&P 500 and GBPUSD Slide in FOMC Aftermath, How Will NFPs Steer Markets?
The Federal Reserve’s warning that it would not break from its tightening course has carried over for risk assets like the S&P 500 and the Dolla...
- November 4, 2022
- Market News
EUR/USD Rate Susceptible to Strong US NFP Report
The US Non-Farm Payrolls (NFP) report may fuel the recent weakness in EUR/USD as the update is anticipated to show a further improvement in the labor ...
- November 4, 2022
- Market News
AUD/USD Aims Lower on Rising Recession Bets as US Dollar, Yields Rise
The risk-sensitive Australian Dollar fell nearly 1% against the US Dollar as recession bets rose overnight. Asia-Pacific traders may trade cautiously ...
- November 4, 2022
- Market News
USD/CAD Reverses Ahead of 50-Day SMA to Eye Yearly High
USD/CAD may attempt to retrace the decline from the yearly high (1.3978) as it reverses ahead of the 50-Day SMA (1.3248)....
- November 4, 2022
- Market News
S&P 500 Clobbered by Fed’s Hawkish Guidance, NFP Eyed for Market Direction
The S&P 500 extends the Fed-induced sell-off on Thursday as traders bet that the central bank’s terminal rate will have to drift higher to s...
- November 4, 2022
- Technical Analysis
New Zealand Dollar Technical Analysis: NZD/JPY, NZD/USD Rates Outlook
The New Zealand Dollar is turning lower as risk appetite deteriorates....
- November 4, 2022
- Market News
Bitcoin Price Outlook: BTC/USD Bounces Back Despite a Strong US Dollar
Bitcoin prices have bounced back after a temporary retest of $20039. With rising US yields and a strong USD driving sentiment, how long can the range ...
- November 4, 2022
- Technical Analysis
US Dollar Forecast: DXY Bull Flag Takes Shape; USD/JPY Range Continues
The US Dollar’s post-FOMC rally has continued....