BonTrade News
USD/CAD to Track June Open Range as Post-BoC Bounce Fizzles

USD/CAD may consolidate before resuming the downward trend from earlier this year as it gives back the bounce following the Bank of Canada (BoC) interest rate decision.

Read more
BonTrade News
Central Bank Digital Currencies: If you can’t beat them, join them?

While cryptocurrencies boom, Central Banks the world over are jostling for supremacy in the CBDC race. Learn about Central Bank Digital Currencies (CBDCs) and how they could reshape the future of t...

Read more
BonTrade News
Oil Price Rally Pushes RSI Towards Overbought Territory

A move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by higher crude oil prices like the behavior seen earlier this year.

Read more
BonTrade News
U.S. Inflation Accelerates in May at Fastest Pace since 2008, Treasury Yields Tick Higher

The May CPI jumps 0.6% on a monthly basis and 5% annually, the fastest pace since 2008 as the economic recovery kicks into high gear and energy costs remains skewed to the upside.

Read more
BonTrade News
Breaking: ECB to Maintain PEPP Buying at Significantly Higher Pace

No fireworks for Euro as ECB sticks to the script

Read more
BonTrade News
Bitcoin (BTC/USD) Rallying Back - Tougher Tests Lie Ahead

Bitcoin is extending Wednesday’s rally - and outperforming the market as a whole – but stubborn resistance higher up may temper any further gains

Read more
BonTrade News
Euro Latest: EUR/USD, EUR/JPY Price Action Set Up for ECB Decision

ECB Doves Set the Bar Low for a Hawkish Surprise. PEPP Purchase Rhetoric Expected to be Maintained

Read more
BonTrade News
FTSE 100 Outlook: Picks Up Bullish Momentum Aimed at Breaking its Range

The FTSE 100 pushes towards 7,100 as buyers keep momentum going

Read more
BonTrade News
British Pound (GBP) Price Outlook: GBP/USD, EUR/GBP Seen Stable After US CPI, ECB

GBP/USD and EUR/GBP are unlikely to break out of their recent tight ranges despite today’s much-anticipated US inflation data and ECB decision on Eurozone monetary policy.

Read more
BonTrade News
Crude Oil Prices Pull Below $70 as Rising Fuel Stockpiles Cools the Rally

Crude oil prices retreated from recent highs as a large build in gasoline fuel stockpiles dented sentiment, causing a pause in the rally. Yet the overall trend remains bullish-biased and the pullba...

Read more