*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 13, 2022
- Market News
Japanese Yen Wilts as Inflation Woes Grips Markets Ahead of US CPI Today
The Japanese Yen continued its slide against the US Dollar ahead of a highly anticipated US CPI number today that could provide clues on further Fed a...
- October 13, 2022
- Technical Analysis
AUD/USD, EUR/AUD, GBP/AUD Technical Outlook: A Minor Upturn in AUD?
The Australian dollar’s weakness is looking a bit stretched against the US Dollar, the British Pound and the Euro. What is the short-term outloo...
- October 13, 2022
- Market News
Dollar and S&P 500 Wind Up Despite Financial Warnings but CPI Ahead
Despite the warning from the IMF that the worst is still ahead for economic and financial risks, the S&P 500 and US Dollar have worked their way i...
- October 13, 2022
- Market News
EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range
Failure to defend the opening range for October may lead to a further decline in EUR/USD as it appears to be tracking the negative slope in the 50-Day...
- October 13, 2022
- Market News
Gold Prices Find Optimism Before US CPI Report, That May Be Wishful Thinking
Gold prices traded rather optimistically ahead of the highly anticipated US CPI report. An upward push in core inflation would likely bode ill for XAU...
- October 13, 2022
- Market News
US Dollar Stalls Ahead of CPI as Markets Brace for US Inflation Data
The US Dollar moderated overnight as markets prepare for tomorrow’s US inflation report. Asia Pacific markets look ready for a mixed open ahead of J...
- October 13, 2022
- Market News
Fed’s Mary Daly on Future Rate Hikes and Global Financial Risks
San Francisco Fed president, Mary Daly, says that inflation is a “corrosive disease” that needs to be addressed despite mounting risks....
- October 13, 2022
- Market News
USD/JPY Forecast: RSI Flirts with Overbought Zone Ahead of US CPI
The move back above 70 in the Relative Strength Index (RSI) is likely to be accompanied by a further appreciation in USD/JPY like the price action fro...
- October 13, 2022
- Market News
Nasdaq 100, S&P 500 and Dow Waver but End Lower
Major U.S. stock indices end in negative territory amid mounting growth concerns, and ahead of tomorrow’s CPI figure that could be crucial to equiti...