*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 3, 2022
- Market News
GBP Breaking News: Pound Steady as BoE Hike Rates by 75bp
BoE delivers largest rate hike in 33 years. Sterling relatively unchanged as BoE says UK is already in a recession since Q3....
- November 3, 2022
- Market News
EUR/USD Heads Lower, ECB Can’t Match Fed Firepower
The perception that the US central bank is more willing and able to raise borrowing costs has only sharpened following Wednesday’s session....
- November 3, 2022
- Market News
Trading the London Session: Guide for Forex Traders
Discover the London FX session, the best currency pairs to trade and how to trade breakouts....
- November 3, 2022
- Market News
Gold Price Hammered as Fed Chair Powell’s Commentary Sends US Treasury Yields Soaring
Gold is within touching distance of making a fresh two-and-a-half-year low after US Treasury yields jumped following the latest FOMC meeting....
- November 3, 2022
- Market News
USD Forecast: DXY Pushes Upper Bounds of Key Technical Pattern Post-FOMC
The US dollar is trading higher this morning as markets digest the FOMC statement in a hawkish light ahead of tomorrow’s NFP....
- November 3, 2022
- Technical Analysis
New Zealand Dollar Technical Outlook: NZD/USD Range View Intact
The New Zealand Dollar’s slide on Wednesday doesn’t imply that the recent recovery is over, though it may speak to a range-bound outlook. What are...
- November 3, 2022
- Market News
Gold Price Forecast: US Jobs Report in Focus as Traders Digest FOMC
Gold prices are moderating in Asia-Pacific hours as markets weigh the FOMC decision. The US jobs report on Friday may offer gold its next directional ...
- November 3, 2022
- Market News
S&P 500 and USDJPY: Where To After the Fed’s Hawkish Whiplash?
The Federal Reserve rate decision proved the volatility-inducing event that macro observers have come to expect. The S&P 500 suffered its biggest ...
- November 3, 2022
- Technical Analysis
S&P 500 Index Technical Outlook: Still Within the Range
Is Wednesday’s slide enough to conclude that the S&P 500 index’s rebound this month is over? What is the outlook and what are the key levels t...