US Dollar Strength Continues on Consumer Sentiment

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

The University of Michigan Consumer Sentiment Index crossed the wires at 99.1 Friday morning, missing expectations of 99.3

See original here: 
US Dollar Strength Continues on Consumer Sentiment

USD Outlook: US Dollar at Resistance Ahead of Consumer Sentiment

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

Consumer sentiment data due Friday shortly after the New York opening bell has potential to weigh materially on the US Dollar as forex traders shift focus away from US-China trade deal headlines.

Read more from the original source: 
USD Outlook: US Dollar at Resistance Ahead of Consumer Sentiment

Gold Price Outlook: XAU Charges Above Key Level, Can Bulls Maintain?

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

Gold prices moved in for a re-test of key resistance this morning but, so far bulls have been unable to continue the move.

Read more:
Gold Price Outlook: XAU Charges Above Key Level, Can Bulls Maintain?

Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) – Cryptocurrency Rally Continues

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

The cryptocurrency rally continues with a swathe of coins making multi-week highs and continuing to paint a positive picture for the sector.

More here:
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) – Cryptocurrency Rally Continues

British Pound (GBP) Latest: UK Retail Sales, Brexit Demands and Sterling Support

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

The British Pound continues to push slowly higher with all eyes now on the latest UK retail sales data. In the background, the EU and UK continue to prepare for life after Brexit.

See the rest here:
British Pound (GBP) Latest: UK Retail Sales, Brexit Demands and Sterling Support

US Dollar May Fall if Consumer Data Fuels Fed Easing Bets

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

The US Dollar may retrace some of its recent gains if consumer confidence data underwhelms and inflames 2020 Fed rate cut bets.

See more here:
US Dollar May Fall if Consumer Data Fuels Fed Easing Bets

Crude Oil Prices Edge Down as Market Mulls On-Target China Growth

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

Crude oil prices have plenty of fundamental drivers at present. Chinese growth loomed large Friday. It came in exactly as markets expected but remains weak by recent standards.

More:
Crude Oil Prices Edge Down as Market Mulls On-Target China Growth

AUD/USD, NZD/USD Outlook Looks Past Stocks to Rate Cut Bets

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

The Australian Dollar and New Zealand Dollar tend to rise with stocks. They have recently fallen despite gains in the S&P 500. What does this mean for AUD/USD and NZD/USD ahead?

Read the original here:
AUD/USD, NZD/USD Outlook Looks Past Stocks to Rate Cut Bets

Australian Dollar Firm As China GDP Matches 27-Year Low

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

The Australian Dollar edged higher as China's growth data for 2019's final quarter came in as expected at 6.0%. This is still very weak by recent history, but at least on track to official targets.

Here is the original: 
Australian Dollar Firm As China GDP Matches 27-Year Low

Dollar, Yen Crosses and Global Indices Test Resistance as Dow Extends Rally

Posted January 17th, 2020 by BonTrade and filed in BonTrade News

The speculative flush after the US-China Phase One deal signing urged US indices to a gap higher and record highs Thursday. Meanwhile, other risk benchmarks are facing tech barriers alongside the D…

Go here to see the original:
Dollar, Yen Crosses and Global Indices Test Resistance as Dow Extends Rally