Euro Week Ahead Forecast: EUR/USD Outlook Bullish, EUR/GBP Bearish

Posted January 24th, 2021 by BonTrade and filed in BonTrade News

The Euro looks to have broken higher against the US Dollar but lower against the British Pound, trends that will likely continue in the days ahead.

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Euro Week Ahead Forecast: EUR/USD Outlook Bullish, EUR/GBP Bearish

Gold Price Tracks Weakness in US Treasury Yields Ahead of Fed Meeting

Posted January 23rd, 2021 by BonTrade and filed in BonTrade News

The Federal Reserve’s first meeting for 2021 may do little to prop up the price of gold as the central bank relies on its non-standard tools to achieve its policy targets.

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Gold Price Tracks Weakness in US Treasury Yields Ahead of Fed Meeting

Weekly US Dollar Fundamental Forecast: All Eyes on January Fed Meeting

Posted January 23rd, 2021 by BonTrade and filed in BonTrade News

The upcoming US economic calendar is loaded with high rated event risk, as well as the January Fed meeting – which unfortunately might not bring much volatility.

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Weekly US Dollar Fundamental Forecast: All Eyes on January Fed Meeting

Canadian Dollar Forecast: Busy Week Ahead, GDP, Fed, IMF, Earnings Season

Posted January 23rd, 2021 by BonTrade and filed in BonTrade News

The Canadian Dollar will likely remain glued to news that can drive risk appetite, with USD/CAD eyeing GDP data, the Federal Reserve, IMF, earnings season and more in a very busy week.

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Canadian Dollar Forecast: Busy Week Ahead, GDP, Fed, IMF, Earnings Season

Australian Dollar Capped by Falling Iron Ore Demand Ahead of Inflation Data

Posted January 23rd, 2021 by BonTrade and filed in BonTrade News

The notable drop-off in Chinese iron ore demand appears to have notably weighed on the Australian Dollar in recent days as attention turns to the upcoming Q4 inflation release.

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Australian Dollar Capped by Falling Iron Ore Demand Ahead of Inflation Data

Forex Vs Stocks: Top Differences & How to Trade Them

Posted January 22nd, 2021 by BonTrade and filed in BonTrade News

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Forex Vs Stocks: Top Differences & How to Trade Them

Sterling (GBP) Weekly Outlook: Two Steps Forward, One Step Back

Posted January 22nd, 2021 by BonTrade and filed in BonTrade News

GBP/USD continues to move higher, despite Friday’s weakness, as vaccination hopes continue to fuel positive sentiment despite ongoing lockdown fears and downbeat UK data

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Sterling (GBP) Weekly Outlook: Two Steps Forward, One Step Back

US Dollar Firms, Market Sentiment Sours, Oil Prices Dragged Down – US Market Open

Posted January 22nd, 2021 by BonTrade and filed in BonTrade News

Markets are on the defensive to close the week amid renewed COVID concerns

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US Dollar Firms, Market Sentiment Sours, Oil Prices Dragged Down – US Market Open

USD/JPY Outlook: Yen Falters Today but Faces Stout Topside Resistance

Posted January 22nd, 2021 by BonTrade and filed in BonTrade News

The bearish bias remains on USD/JPY while next weeks U.S. economic data may provide a change in sentiment with the Dollar weighing heavily on the pair.

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USD/JPY Outlook: Yen Falters Today but Faces Stout Topside Resistance

Bitcoin (BTC) Price Outlook – Trying to Stem Recent Heavy Losses

Posted January 22nd, 2021 by BonTrade and filed in BonTrade News

Bitcoin slumped below $30,000 in early turnover today before clawing back its losses in highly volatile trading

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Bitcoin (BTC) Price Outlook – Trying to Stem Recent Heavy Losses