*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 27, 2022
- Market News
Volatility Swells with FX Markets Raising Systemic Concerns and Dow Enters ‘Bear Market’
The new week has started off with an exceptional rise in volatility with FX markets in particular suffering an extreme jump on the back of the extreme...
- September 27, 2022
- Market News
Gold Eyes PCE, Economic Data After Yields Surge on Hawkish FOMC Speak
Gold prices are finding some relief in Asia-Pacific trading, but the threats from surging Treasury yields and the US Dollar weigh heavy on sentiment. ...
- September 27, 2022
- Market News
British Pound on Edge as BoE Does Little to Allay Concerns. Where to for GBP/USD?
The British Pound is under siege as the Bank of England signals no action for now despite fiscal and monetary policy disparity undermining them. Will ...
- September 27, 2022
- Market News
Dow Jones Sinks after Sterling Hit Record Low, KOSPI and Hang Seng Index at Risk Ahead
Dow Jones futures slumped as Sterling’s record low further boosted global monetary tightening expectations. The KOSPI and Hang Seng indices are at r...
- September 27, 2022
- Market News
EUR/USD to Face Record High Reading for Euro Area CPI
Fresh data prints coming out of the Euro Area may curb the recent decline in EUR/USD as inflation is expected to hit a record high....
- September 27, 2022
- Market News
Chinese Yuan Faces Another Big Test as US Dollar Surge Goes Unchecked
The Chinese Yuan faces another big technical test as the US Dollar continues to cause havoc across the FX space. China’s industrial profits are in f...
- September 27, 2022
- Market News
AUD/USD Selloff Pushes RSI Into Oversold Territory
AUD/USD may attempt to test the May 2020 low (0.6373) as the Relative Strength Index (RSI) pushes into oversold territory....
- September 27, 2022
- Market News
S&P 500, Nasdaq 100 and Dow Fall Amid Soaring US Treasury Yields
U.S. equity indices continued to drop as tightening financial conditions around the world fueled concerns about a global recession. US yields and the ...
- September 27, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
There’s panic in both FX and bond markets but stocks are holding key supports. One of these themes is likely off sides and this week may just start ...