*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
AUD/USD Eyes Consumer Confidence Data Ahead of US CPI
The risk-sensitive Australian Dollar fell last week amid a broader risk-off move, with sentiment deteriorating on Friday after a largely in-line US jo...
- October 10, 2022
- Market News
Markets Week Ahead: Nasdaq 100, S&P 500, Gold Prices, US Dollar, US CPI, Earnings Season
The Nasdaq 100 and S&P 500 trimmed most gains last week after another solid US jobs report. The US Dollar and gold prices now face the next Americ...
- October 9, 2022
- Market News
S&P 500, Dow Jones, Nasdaq Directional Fate Tied to CPI After NFP Selloff
US equity indexes sold off on Friday after the US jobs report solidified the chances for a 75-basis point FOMC rate hike. The market’s direction in ...
- October 9, 2022
- Technical Analysis
Japanese Technical Forecast for the Week Ahead: USD/JPY, AUD/JPY, CAD/JPY, EUR/JPY
The Japanese Yen mostly marked time this past week. USD/JPY is being closely watched by the Bank of Japan after intervention efforts to prop up the cu...
- October 9, 2022
- Technical Analysis
British Pound Analysis: GBP/USD Drops to Support as US Dollar Firms
The British Pound (GBP) has continued to suffer after a strong decline that drove prices to a fresh all-time low of 1.035. A rise above 1.12 and 1.141...
- October 8, 2022
- Market News
Canadian Dollar Forecast: US Inflation Data to Set the Tone for USD/CAD
The rally in oil prices should support the Canadian dollar, but the September U.S. inflation report is likely to be more relevant for USD/CAD’s near...
- October 8, 2022
- Technical Analysis
S&P 500, Nasdaq, Dow Jones Forecast for the Week Ahead
A bounce in the early-portion of the week was aggressively-faded on Friday and focus now shifts to the next CPI report as a hawkish Fed continually re...
- October 8, 2022
- Market News
Bitcoin and Ethereum Forecast for the Week Ahead
Bitcoin and Ethereum continue to hold above YTD lows as the picture becomes more bleak for risk assets....
- October 8, 2022
- Technical Analysis
Canadian Dollar Technical Forecast: Technicals Hint at Renewed Downside Pressure for the Loonie
Can a hawkish BoC and rising oil prices help keep the Canadian dollar on the front foot?...