US Dollar Weekly Outlook – US NFPs Massive Miss, Heavyweight Data Next Week Will Steer the US Dollar

Posted May 8th, 2021 by BonTrade and filed in BonTrade News

The US dollar rattled lower after a huge downside miss in the latest Jobs Report, will look to a clutch of heavyweight data releases to shape its near-term direction.

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US Dollar Weekly Outlook – US NFPs Massive Miss, Heavyweight Data Next Week Will Steer the US Dollar

Bitcoin (BTC) Rallying Back, Ethereum (ETH) and The Alt-Coin Market Soar to Record-Breaking Highs

Posted May 8th, 2021 by BonTrade and filed in BonTrade News

Another week of record breaking gains in the alt-coin space, while Ethereum (ETH) continues to print fresh highs and eats into Bitcoin’s (BTC) market dominance.

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Bitcoin (BTC) Rallying Back, Ethereum (ETH) and The Alt-Coin Market Soar to Record-Breaking Highs

Australian Dollar Outlook: AUD/USD May Rise on Dovish Fed Speak After Huge NFP Miss

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

The pro-risk Australian Dollar may extend gains after the record miss in US jobs data, amplifying dovish rhetoric from the Federal Reserve and keeping the Dow Jones and S&P 500 intact.

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Australian Dollar Outlook: AUD/USD May Rise on Dovish Fed Speak After Huge NFP Miss

Bitcoin, DOGE, Ethereum: Resilient ahead of Elon Musk SNL Appearance

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

Elon Musk’s Saturday Night Live (SNL) appearance has DOGE, Bitcoin and Ether on High Alert

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Bitcoin, DOGE, Ethereum: Resilient ahead of Elon Musk SNL Appearance

Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail?

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

There’s a lot of chatter among market participants about the state of the US housing market.

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Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail?

British Pound Forecast: UK GDP Report to Go Unnoticed as BoE Tapers QE

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

The UK GDP report may generate a limited reaction in GBP/USD as the Bank of England (BoE) slows the pace of its weekly asset purchases.

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British Pound Forecast: UK GDP Report to Go Unnoticed as BoE Tapers QE

Meme Stocks: What are They and Why are They so Popular?

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

Meme stocks witnessed exponential rises in share price. Find out why and what the risks are?

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Meme Stocks: What are They and Why are They so Popular?

Dogecoin, Tesla, GameStop – FinTwit Trends to Watch Next Week

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

Dogecoin ($DOGE), Tesla ($TSLA), and GameStop ($GME) are three trending markets on FinTwit that traders might want to keep close tabs on in the week ahead.

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Dogecoin, Tesla, GameStop – FinTwit Trends to Watch Next Week

Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

The S&P 500 and Dow Jones pushed to new heights following a disappointing non-farm payroll report. The data miss and subsequent market reaction may suggest Fed tapering fears have eased.

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Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes

USD/CAD Snaps Lower as Big Miss on NFPs Fuels Weaker US Dollar

Posted May 7th, 2021 by BonTrade and filed in BonTrade News

USD/CAD price action is back under pressure as the major currency pair snaps 30-pips lower to erase intraday gains in response to a big miss on monthly nonfarm payrolls data just released.

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USD/CAD Snaps Lower as Big Miss on NFPs Fuels Weaker US Dollar