*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 21, 2022
- Market News
Hong Kong Dollar Peg Will Survive Stern Test by Rampant Greenback
The Hong Kong Dollar is being hammered like many other currencies by its US cousin’s surging popularity, but there seems little sign that its venera...
- October 21, 2022
- Market News
The US Dollar Edged Higher Along with Treasury Yields as USD/JPY Scopes 150+
The US Dollar gravitated to higher ground again today as markets watch Treasury yields march north and Japanese officials stand aside. Will the USD (D...
- October 21, 2022
- Market News
Serious S&P 500 Trends May Wait for Next Week’s Heavy Docket, USDJPY Keeps Climbing
The recovery effort from the S&P 500 and risk assets to start the week seems to have fallen apart these past two sessions. With a docket next week...
- October 21, 2022
- Technical Analysis
S&P 500 and NASDAQ COMPOSITE INDEX Technical Outlook: Is the Down Trend Over?
The S&P 500 and the Nasdaq Composite Index are attempting to rebound from vital support areas. Is the slide done and what are the levels to watch?...
- October 21, 2022
- Market News
Gold Price Outlook Looks Grim as the Weekend Nears, Eyes on Fed’s Williams and Evans
Gold prices look vulnerable heading into the weekend with XAU/USD nervously eyeing Fedspeak from policymakers John Williams and Charles Evans. What ar...
- October 21, 2022
- Market News
EUR/USD Rebound Fizzles Ahead of 50-Day SMA
EUR/USD may depreciate over the coming days as the rebound from the monthly low (0.9632) appears to have stalled ahead of the 50-Day SMA (0.9902)....
- October 21, 2022
- Market News
USD/JPY Trades Above Key Level as Investors Await BoJ Intervention: Asia-Pacific Outlook
The Japanese Yen is on track to fall for the twelfth day against the US Dollar, putting the threat of intervention at the forefront for traders. Asia-...
- October 21, 2022
- Market News
AUD/USD Outlook Mired by Failure to Push Back Above September Low
The recovery from the yearly low (0.6170) may end up being short-lived as AUD/USD struggles to push back above the September low (0.6363)....
- October 21, 2022
- Market News
S&P 500, Dow and Nasdaq Fall Despite Strong Corporate Earnings
Major U.S. stock indices end in negative territory as investors weigh good corporate earnings, despite gloomy economic outlook, ahead of more interest...