*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.
- October 24, 2022
- Market News
Japanese Yen Whipsawed Against US Dollar on Intervention Speculation
The Japanese Yen continues to lose ground against the US Dollar despite rumours of the Bank of Japan intervening again in USD/JPY. Can central bank se...
- October 24, 2022
- Technical Analysis
US Dollar Cracks Against Singapore Dollar. What About USD/IDR, USD/THB, USD/PHP?
The US Dollar traded mixed against ASEAN currencies this past week. The Singapore Dollar is setting up for an aggressive push. What about USD/IDR, USD...
- October 24, 2022
- Market News
AUD/USD Eyes Chinese GDP After Dow Jones Surged Amid Risk-On Move
The Australian Dollar is likely at the mercy of Chinese economic data, which includes the previously delayed third-quarter GDP growth rate....
- October 24, 2022
- Market News
Markets Week Ahead: Dow Jones, Yields, US Dollar, USD/JPY, EUR/USD, USD/CAD, China GDP, ECB, BoC
An event-filled week is ahead, with Chinese GDP data, US PMIs, and rate decisions from the Bank of Canada and European Central Bank filling the docket...
- October 23, 2022
- Market News
S&P 500 Week Ahead Forecast: Megacap Tech Earnings in Focus as Fed Enters Blackout
Quarterly results from Alphabet, Microsoft, Meta Platforms, Apple and Amazon will take center stage next week as the Fed’s blackout period tempo...
- October 23, 2022
- Technical Analysis
US Dollar Technical Forecast: USD Rally Vulnerable – DXY Levels
An outside-weekly reversal off resistance threatens a larger pullback in the US Dollar- battle lines drawn. The levels that matter on the DXY weekly t...
- October 23, 2022
- Market News
USD/CAD to Eye Yearly High on Smaller BoC Rate Hike
USD/CAD may attempt to retrace the decline from the yearly high (1.3978) as the Bank of Canada (BoC) is expected to deliver a smaller rate hike....
- October 23, 2022
- Technical Analysis
Japanese Yen Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY
The Yen was on a wild ride last week as the BoJ intervened again after a parabolic move in USD/JPY, but will they be able to tilt the trend?...
- October 23, 2022
- Market News
Euro Forecast for the Week Ahead: EUR/USD Eyes Jumbo ECB Rate Hike as Recession Looms
The Euro is facing an anticipated 75-basis point rate hike from the European Central Bank in the week ahead. Despite recession woes, the ECB will like...