*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.
The US Dollar Eased as Treasury Yields Slipped and Risk Appetite Picked Up

The US Dollar Eased as Treasury Yields Slipped and Risk Appetite Picked Up

The US Dollar has given up some ground so far today with a slide in Treasury yields and PMI data providing some relief for equity bulls. Will the US D...
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Dow Jones, Nasdaq 100 Technical Outlook: Will Dominant Downtrends Hold Next?

Dow Jones, Nasdaq 100 Technical Outlook: Will Dominant Downtrends Hold Next?

Despite recent gains in the Dow Jones and Nasdaq 100, dominant downtrends remain in play. Will this hold? The Nasdaq is eyeing an Ascending Triangle c...
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Australian Dollar Dips After RBA Hike by 0.25% as Expected. Where to for AUD/USD?

Australian Dollar Dips After RBA Hike by 0.25% as Expected. Where to for AUD/USD?

The Australian Dollar weakened after the RBA raised the cash rate target by 25 basis points to 2.85% as the central bank slows down the inflation figh...
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Dow Closes Out Its Best Month Since 1976 But Fed Anticipation Will Throttle

Dow Closes Out Its Best Month Since 1976 But Fed Anticipation Will Throttle

We have closed out the month of October in pretty dramatic fashion with the Dow Jones Industrial Average earnings its biggest single-month’s rally s...
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New Zealand Dollar Technical Outlook: NZD/USD Rebound Stalls

New Zealand Dollar Technical Outlook: NZD/USD Rebound Stalls

The New Zealand Dollar’s rebound appears to be stalling. Is this the end of the three week-long rebound or is there more to come? What are the signp...
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Crude Oil Forecast: China Covid Woes Weigh on Prices as Traders Eye Inventory Data

Crude Oil Forecast: China Covid Woes Weigh on Prices as Traders Eye Inventory Data

Crude oil prices fell around 2% on Monday as lockdowns across China ramped up. Traders await inventory data from the EIA ahead of major macro data, in...
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Gold Price Falls Towards Monthly Low After Failing to Test 50-Day SMA

Gold Price Falls Towards Monthly Low After Failing to Test 50-Day SMA

The price of gold appears to be on track the test the monthly low ($1617) as it reverses ahead of the 50-Day SMA ($1680)....
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Chinese Yuan Slides Against US Dollar as Covid Lockdowns Weigh on Sentiment

Chinese Yuan Slides Against US Dollar as Covid Lockdowns Weigh on Sentiment

The Chinese Yuan fell almost 1% against the US Dollar as traders weigh new Covid lockdowns following downbeat PMI figures. The RBA rate decision is in...
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USD/JPY Reverses Ahead of 50-Day SMA with Fed Rate Decision on Tap

USD/JPY Reverses Ahead of 50-Day SMA with Fed Rate Decision on Tap

USD/JPY may continue to retrace the decline from the monthly high (151.94) as the Federal Reserve is expected to maintain its existing approach in com...
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