*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.
- April 8, 2024
- Market News
US Dollar Grabs an Early Bid, Rate Cut Now Seen as 50/50, Gold Rallies Further
The US dollar has opened the week on the front foot, supported by higher US Treasury yields. A June US rate cut is now seen as 50/50...
- April 8, 2024
- Technical Analysis
FTSE 100, DAX 40 and Nasdaq 100 Regain Some of Last Week’s Lost Ground
Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid quiet day on data front....
- April 8, 2024
- Market News
Markets Week Ahead: Gold, US Dollar, Euro, Pound Sterling
This week sees crucial US inflation (CPI) data alongside deliberations from the European Central Bank on monetary policy. FOMC minutes may already be ...
- April 7, 2024
- Market News
US Dollar’s Outlook Rides on US Inflation Data – EUR/USD, USD/JPY, GBP/USD
The U.S. dollar lost ground this past week, but the tide could turn back in its favor in the coming days, especially if Wednesday’s U.S. inflati...
- April 6, 2024
- Market News
USD/JPY Tiptoes Towards Bullish Breakout after Strong US Jobs Data. What Now?
USD/JPY advanced on Friday, inching closer to horizontal resistance at 152.00 after strong U.S. jobs data boosted U.S. Treasury yields across the curv...
- April 5, 2024
- Market News
Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up
Brent crude oil breached the $90 mark after Israel’s latest attack on Iranian targets stoked already elevated tension. Biden calls for immediate Gaz...
- April 5, 2024
- Market News
US NFPs Trump Expectations, US Dollar Grabs a Bid, Gold Slips But Retains Haven Support
The latest US NFPs beat expectations by a wide margin, while the closely followed unemployment rate fell. The US dollar gets a bid going into the US o...
- April 5, 2024
- Technical Analysis
FTSE 100, DAX 40 and Nasdaq 100 Drop on Pared Back Rate Cut expectations
Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of key US Non-Farm Payrolls data release....
- April 5, 2024
- Market News
Japanese Yen (USD/JPY) On Edge After Official Verbal Intervention, NFPs Next
Japanese PM Fumio Kishida put the market on notice today that he will take action if there are any further excessive moves in the value of the Yen....