BonTrade News
EUR/USD Susceptible to Dovish ECB Guidance Ahead of Fed Symposium

The account of the ECB meeting may undermine the recent rebound in EUR/USD as the Governing Council appears to be on a preset course.

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BonTrade News
Mexican Peso Gains Ahead of Jackson Hole. Will the Fed Rock the Boat for EMFX?

The Mexican peso and other high-yielding EMFX will likely gain ground against the dollar if the Fed signals at the Jackson Hole Symposium it will wait longer before announcing a reduction in QE.

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BonTrade News
Canadian Dollar Price Forecast: USD/CAD Breakout Reverses - Loonie Levels

USD/CAD has given back almost 400 pips over the past three trading days. Will bears be able to drive below key support?

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BonTrade News
AUD/USD Rate Rebound Takes Shape Within Descending Channel Formation

The recent rebound in AUD/USD may end up being short lived as the exchange rate trades within the confines of a descending channel.

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BonTrade News
Gold Price (XAU/USD) Riding the Wave of US Dollar Weakness

Gold is back in a familiar as traders wait to see if Fed chair Jerome Powell announces a tapering timetable at the Jackson Hole Symposium.

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BonTrade News
Market Sentiment Data Still Bullish for EUR/USD | Webinar

Trader confidence in riskier assets remains high on suggestions that the Federal Reserve may not after all signal a tightening of US monetary policy Friday.

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BonTrade News
NZD/USD Jumps on Hawkish RBNZ, EUR/NZD Slammed into Key Support

NZD outperforms as RBNZ provides reminder of intention to hike rates.

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BonTrade News
USD/ZAR Breaking News: Rand Slips as SA Unemployment Rate Rises

Downbeat South African unemployment data has added to the rand’s recent woes with USD/ZAR trading marginally higher after a strong start to the week.

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BonTrade News
Equities Climb as Taper Odds Fall on Covid Concerns - DAX 30, CAC 40 Outlook

Global equites are on the rise again as analysts are now dubious about the Fed’s announcement of asset tapering at Jackson Hole

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BonTrade News
British Pound (GBP) Price Outlook: GBP/USD Rally May Run Out of Steam

The rally so far this week in GBP/USD has been caused entirely by the weakness of the US Dollar and a reversal lower looks likely soon.

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