*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 4, 2022
- Market News
EUR/USD Rate Rebound Struggles Ahead of Former Support Zone
The rebound in EUR/USD appears to be stalling ahead of the former support zone around the July low (0.9952) as it struggles to extend the series of hi...
- October 4, 2022
- Market News
Gold Prices May Rise Short-Term After Soft US ISM Data Crushed the US Dollar
Gold prices rallied the most in months after soft US ISM Manufacturing PMI cooled Fed rate hike bets. A softer US Dollar may support XAU/USD in the ne...
- October 4, 2022
- Market News
Bitcoin Aims at 20,000 After Risk-On Move Weighs on US Dollar
Bitcoin prices are targeting the 20,000 psychological level after an overnight risk-on move that weighed on the US Dollar and supported equity indexes...
- October 4, 2022
- Market News
AUD/USD Rate Vulnerable to Dovish RBA Rate Hike
The Reserve Bank of Australia (RBA) interest rate decision may do little to shore up AUD/USD as the central bank shows little interest in carrying out...
- October 4, 2022
- Market News
Market Recap: US Equity Indices Bounce to Begin Q4
Major U.S. stock indices rally as US Treasury yields and USD fall after a weaker-than-expected PMI figure suggests that rising interest rates have coo...
- October 4, 2022
- Market News
FX Week Ahead – Top 5 Events: RBA Rate Decision; RBNZ Rate Decision; US ISM Services; Canada Jobs Report; US NFP
The middle of September has inflation data and labor markets in focus....
- October 4, 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 4, 2022
- Market News
S&P 500 Surges to Start Q4 –Do You Tail or Will it Fail?
Equities roar to life following a tough Q3 and poor end to September....
- October 4, 2022
- Market News
British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery?
Sterling rose on Monday as the market cautiously welcomed the UK government’s decision to scrap a tax cut plan that would have weakened the coun...