*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.
- September 29, 2022
- Market News
Crude Oil Forecast: Brent in Limbo as OPEC Meeting Draws Near
Brent crude oil is trading in the red once again this Thursday as a stronger dollar weighs on crude prices....
- September 29, 2022
- Market News
Gold Price Holds High Ground Post BoE Upending Markets. Where to for XAU/USD?
Gold has abated in Asia after a stellar day prior on the back of a deteriorating US Dollar and a drop in yields as the markets recoiled at Bank of Eng...
- September 29, 2022
- Technical Analysis
Dow Jones Industrial Average Technical Outlook: A Bounce on the Cards?
Technical charts, positioning and sentiment indicate that the Dow Jones Industrial Average’s slide is losing steam. What is the short-term outlook a...
- September 29, 2022
- Market News
S&P 500 Ends Longest Slide Since February 2020 But Reversal Founded on BOE Stimulus Unreliable
The S&P 500 managed to end a six-day slide – its worst since the height of the 2020 pandemic – before the index marked another high profile te...
- September 29, 2022
- Market News
British Pound Bounces as BoE Buying Gilts Stems Havoc for Now. Where to for GBP/USD?
The British Pound is remains under siege despite the Bank of England rolling up their sleeves and buying long-dated bonds to mitigate monetary and fis...
- September 29, 2022
- Market News
USD/CAD Reveres from Fresh Yearly High Ahead of US PCE Report
An uptick in the US Personal Consumption Expenditure (PCE) Price Index may keep USD/CAD afloat as the Federal Reserve pursues a restrictive policy....
- September 29, 2022
- Market News
Crude Oil Rallies with Gold Prices as Markets Entertain a Less Hawkish Fed After BoE QE
Crude oil prices rallied with gold and the S&P 500 after the Bank of England temporarily restarted quantitative easing. Markets eye a less-hawkish...
- September 29, 2022
- Market News
US Dollar Pullback Green Lights APAC Currency Rally Ahead of NZD Economic Data
The New Zealand Dollar took advantage of a broader pullback in the US Dollar, outperforming its major peers, including the Australian Dollar. New Zeal...
- September 29, 2022
- Market News
AUD/USD Rebound Pulls RSI Out of Oversold Territory
Developments in the Relative Strength Index (RSI) raises the scope for a near-term rebound in AUD/USD as the oscillator climbs out of oversold territo...