*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 6, 2022
- Market News
S&P 500 Rally Stalls and Dollar Stems the Bleeding, Now for Fundamentals
October trade was off to a roaring start until the speculative charge hit the skids this past session. We could try to connect the stumble to US data ...
- October 6, 2022
- Market News
Euro Slides as US Dollar Regains the Upper Hand on a Consistently Hawkish Fed
The Euro backed away from parity again after US Dollar ascendency got back on track after the Federal Reserve got their message across loud and clear....
- October 6, 2022
- Market News
Crude Oil Prices Eye Best Week Since Ukraine Was Invaded, OPEC+ Cuts Output Before NFPs
Crude oil prices are heading for the best week since Russia Invaded Ukraine. OPEC+ output cuts and an unexpected drop in US inventories boosted WTI on...
- October 6, 2022
- Market News
AUD/USD Chart Points to More Losses as APAC Markets Eye Australian Trade Data
The Australian Dollar looks primed to fall against the US Dollar on technical and fundamental grounds. AUD/USD is in focus as APAC traders eye Austral...
- October 6, 2022
- Market News
Gold Performance in Midterm Election Years – There’s a Bigger Trend Elsewhere
Any direct connection between gold prices and midterm elections may be spurious, at best....
- October 6, 2022
- Market News
Will the 2022 Stock Market’s Performance Influence the US Midterm Elections?
The performance of US equity markets during a midterm election year does not appear to influence the outcome at the polls, based on data going back to...
- October 6, 2022
- Market News
S&P 500, Dow and Nasdaq Trim Losses
Major U.S. stock indices recovered from the day’s lows but ended in negative territory. U.S. Treasury yields and the dollar rose after better-th...
- October 6, 2022
- Technical Analysis
Monthly Forex Seasonality – October 2022: US Dollar Rallies; Gold & Stocks Rebound
The ninth month of the year typically sees a strong performance by the US Dollar....
- October 6, 2022
- Technical Analysis
US Dollar Forecast: ’Buy the Dip’ Mentality Persists for DXY Index, USD/JPY
The structure of the bullish breakout remains ahead of the September US jobs report....