*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 16, 2022
- Market News
Consumer Sentiment Rises for Third Month in a Row, Nasdaq 100 Retains Most Losses
U.S. consumer sentiment extended its recovery in September, likely bolstered by falling gas prices, but the improvement is failing to boost risk appet...
- September 16, 2022
- Technical Analysis
S&P 500, Dow Jones, Nasdaq 100 Outlook: Bear Market Lows Coming into Focus
U.S. stocks are breaking down into levels not seen since the earlier days of the summer rally; bear market lows anticipated to be met and exceeded in ...
- September 16, 2022
- Market News
WTI Crude Oil Looks to Recover as Strong Dollar and Demand Concerns Weigh; 90.00 Level is Key
WTI Prices could see a rebound heading into the FOMC meeting while demand concerns and persistent US dollar strength could cap gains....
- September 16, 2022
- Market News
Euro ( EUR) Forecast – Punchy Fed Rate Hike Will Force EUR/USD Ever Lower
The Euro is facing a range of central bank headwinds next week with the FOMC rate decision the most significant. Parity may soon turn into stiff resis...
- September 16, 2022
- Market News
GBP Price Forecast: Sterling Slumps Ahead of BoE, Fed and SNB Meetings
The pound struggles to halt recent selling ahead of a week dominated by major central bank meetings. Institutional sentiment reveals continued bearish...
- September 16, 2022
- Market News
AUD/USD Forecast: Chinese Data Helps Aussie Dollar Stay Afloat
A beleaguered Aussie manages to keep its head above water on the back of Chinese data this morning, while AUD/USD tests the 0.67 support zone....
- September 16, 2022
- Market News
US Dollar Grinds Higher as the Canadian Dollar Drops. Where to for USD/CAD?
The US Dollar held the high ground across the board today, supported by a lift in Treasury yields as markets eye off a jumbo hike from the Fed next we...
- September 16, 2022
- Market News
Crude Oil and Gold Prices Sink to Support as US Data Keeps a Hawkish Fed in Focus
Crude oil and gold prices fell sharply on Thursday as solid US economic data bolstered the case for a hawkish Fed. Heading into the weekend, traders a...
- September 16, 2022
- Market News
Gold Breaks Support, USDCNH Breaks Resistance but S&P 500 Circling Ahead of UofM
It will likely prove difficult to spur the S&P 500 or other distinctly ‘risk’ oriented benchmarks to a serious run until the Fed decid...