*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 7, 2022
- Market News
WTI Oil Forecast: Sustained Break Above $90 Psychological Level Needed for Rally to Continue
WTI rally puts its back on course for a $100 a barrel in Q4. Will Fed rate hikes be able to stem the tide?...
- October 7, 2022
- Market News
Euro Price Forecast: EUR/USD Trades Watchfully Ahead of NFP
EUR/USD has retraced much of its gains earlier in the week with NFP data in focus this afternoon....
- October 7, 2022
- Market News
US Dollar (DXY) Reinforced by Sustained Hawkish Fed Speak and US NFP Bets
A constant stream of hawkish Fed speak is keeping the US dollar within striking distance of a fresh two-decade high. Will it be enough?...
- October 7, 2022
- Market News
USD/JPY Latest: Jitters Around Intervention at the 145 Level, NFP Next
USD/JPY trades around 145 this morning attracting further jawboning from PM Kishida and the possibility of another round of FX intervention. Focus tur...
- October 7, 2022
- Market News
Crude Oil Holds the High Ground Despite US Dollar Strength on Hawkish Fed
Crude oil has maintained recent gains even though US Dollar ascendency got back on track after a plethora of Federal Reserve speakers talked the talk....
- October 7, 2022
- Market News
Gold Prices Nervously Await Non-Farm Payrolls Data and the Impact on the Fed
Gold’s rally noticeably slowed heading into the US non-farm payrolls report. A lot is hinging on the jobs report, namely its impact on the Federal R...
- October 7, 2022
- Market News
NFPs Can be the Dollar and Stock Spark But Financial Instability is the Fire
We are moving into ‘nonfarm payrolls Friday’ and the potential for volatility is significant after a broad mix of preceding employment statistics....
- October 7, 2022
- Market News
AUD/USD Rate Eyes September Low with US NFP Report on Tap
AUD/USD may fail to defend the September low (0.6363) as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the lab...
- October 7, 2022
- Market News
USD/JPY Above 145 to Test MOF, BoJ’s Mettle After Yield Surge Charges the US Dollar
USD/JPY is above the 145—“line in the sand”—level, which puts Japan’s Ministry of Finance and Bank of Japan up against short traders. Asia-P...