BonTrade News
NZD/USD Struggles to Clear 50-Day SMA amid Hawkish Fed Guidance

Headlines coming out of the Fed Economic Symposium appear to be dragging NZD/USD as Federal Reserve officials show a greater willingness to scale back monetary support.

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BonTrade News
Gold (XAU/USD), Silver (XAG/USD) Forecast: Gold and Silver Remain Focused on the Fed

Gold and Silver prices remain suppressed in anticipation of Fed Chair.Co Jerome Powell’s speech at Jackson Hole

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BonTrade News
USD/JPY Technical Setup Suggesting A Break Below 108.50

USD/JPY is gearing up for the final leg of its symmetrical pattern

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BonTrade News
British Pound Outlook: GBP/USD Supported by USD Weakness, UK Covid Data Warns

GBP/USD is keeping hold of this week's gains, ahead of the Jackson Hole Symposium, but closer to home UK covid data paints a negative picture.

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BonTrade News
EUR/USD Outlook: Will the Fed Move the Needle at Jackson Hole for the Most Liquid Currency Pair?

The Euro traded sideways today against the US Dollar ahead of the Jackson Hole symposium. Will EUR/USD resume its downtrend?

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BonTrade News
Crude Oil Prices Pause Rally as the Pandemic Clouds the Outlook

WTI crude oil prices paused a three-day gain as investors mulled the spread of Delta variant around the globe and its impact on energy demand. The Jackson Hole symposium will also be in focus.

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BonTrade News
Gold and Silver Hold Breath for Jackson Hole, ETF Outflows Accelerate

Gold prices hovered at around $1,788 during Thursday’s APAC trade as traders awaited the Jackson Hole symposium. Silver prices have likely formed a “Double Bottom” pattern.

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BonTrade News
Swiss Franc Technical Forecast: USD/CHF, GBP/CHF Chart Levels to Watch

USD/CHF and GBP/CHF present key levels and patterns that may provide actionable moves for Swiss Franc traders. .

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BonTrade News
S&P 500 Hits Record Ahead of Jackson Hole, Hang Seng May Retreat

The S&P 500 and Nasdaq 100 hit all-time highs on Wednesday as investors awaited the Jackson Hole symposium for clues about the Fed’s next move. Asia-Pacific markets look set to open in cautious mood.

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BonTrade News
Natural Gas Outlook: Price Continues to Benefit from Warmer Weather, Eyes on $4.00

Natural gas prices once again tested the $4.00 mark as hot summer weather continues to stimulate demand.

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