*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 22, 2022
- Market News
Gold Prices Remain Pressured By Fed’s More Hawkish Tone
Gold remains close to 29-month lows as the prospect of more interest rate rises leaves non-yielding assets vulnerable....
- September 22, 2022
- Market News
USD/JPY Whipsaws Then Slumps on Official FX Intervention Reports
The Japanese Yen is whipping around in early trade against the US dollar as talk permeates the market of official currency intervention....
- September 22, 2022
- Market News
Swiss National Bank Hikes by 75 Basis Points, EUR/CHF Pops Higher
The Swiss National Bank (SNB) raised interest rates by more than expected today and reiterated that rates could be raised further to ensure price stab...
- September 22, 2022
- Market News
Japanese Yen Spikes Lower as the BOJ Holds Back FX Intervention Threat. Where to Next for USD/JPY?
The Japanese Yen spiked lower as the Bank of Japan stuck close to a familiar script with its monetary policy announcement, cooling worries about FX in...
- September 22, 2022
- Market News
Will Dollar and Risk Assets Sift Through the Fed Decision to the Recession Warning?
The Federal Reserve pulled the trigger on a third consecutive, 75 basis point rate hike Wednesday afternoon. After considerable intraday volatility, t...
- September 22, 2022
- Market News
Gold Price Defends September Range as RSI Holds Above Oversold Zone
The price of gold may continue to defend the September range as the Relative Strength Index (RSI) appears to be reversing ahead of oversold territory....
- September 22, 2022
- Market News
NZD/USD Trades at Critical Support as APAC Traders Prepare for Bank of Japan
The New Zealand Dollar is trading at a critical support level against the US Dollar after the FOMC decision. Asia-Pacific markets may fall as traders ...
- September 22, 2022
- Market News
Crude Oil Price to Eye January Low on Failure to Defend Monthly Low
Failure to defend the monthly range may push the price of oil towards the January low ($74.27) as it appears to be tracking the negative slope in the ...
- September 22, 2022
- Market News
SPX, Nasdaq, USD: Delayed Boom, ‘Pain,’ After September FOMC
It was a messy rate decision but the net response after the close of the presser is very clear....