*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 10, 2022
- Market News
The CPI and Forex: How CPI Data Affects Currency Prices
Find out how to use the Consumer Price Index to make informed trading decisions....
- October 10, 2022
- Market News
AUD, NZD Outlook: Weak Chinese Data Weighs on Aussie and Kiwi Dollar
Weak Chinese data plagues AUD and NZD as the FED continues to hike aggressively. Proximity to China and higher US rates/USD weigh on the currencies...
- October 10, 2022
- Market News
Euro Forecast: EUR/USD Sinks Further, 20-Year Low Back in Play
The latest round of Russian missile strikes in Ukraine has driven risk-averse investors back into the arms of the US dollar, and that is sending EUR/U...
- October 10, 2022
- Market News
Gold Outlook: XAU/USD Facing Strong Fundamental Headwinds, YTD Lows in Sight Once More
The precious metal has come under renewed pressure as it trades back below the key $1700 level. Will we see a new YTD low?...
- October 10, 2022
- Market News
Crude Oil Forecast: CFTC Data Points to Supportive Environment for Brent
Despite USD strength, Brent crude oil is trading higher this Monday on positive trader positioning and OPEC+ output remnants....
- October 10, 2022
- Market News
British Pound Latest: GBP/USD Rallies as BoE Boosts Gilt Market Liquidity
The Bank of England (BoE) ramped up its gilt market liquidity program today giving a tepid Sterling an early morning boost....
- October 10, 2022
- Market News
Japanese Yen Nears Record Low as US Dollar Soars on Higher Treasury Yields
The Japanese Yen drifted lower again today after the US Dollar re-asserts its ascendency on strong economic data and a hawkish Federal Reserve. New hi...
- October 10, 2022
- Technical Analysis
Hang Seng Index and Shanghai Composite Index Technical Outlook: Bearish
The Hang Seng Index hit a new 11-year low last week. Trading resumes in the Shanghai Composite Index after a week-long holiday. What is the outlook an...
- October 10, 2022
- Market News
Gold Price Slips on Higher Treasury Yields Boosting the US Dollar Ahead of US CPI
Gold has braced itself in Asia today after sliding on Friday with solid US jobs data handing the Fed more ammunition to keep rates higher for longer. ...