Trading in Retirement Blog
Trading news and tips feedChinese Yuan Chips at Dollar as Iron Ore Catches Bid on Stimulus News
The Chinese Yuan made gains against the Dollar overnight as traders went risk-on in New York. News of a new round of infrastructure stimulus out of China pushed iron ore prices higher.DailyFX - Market OutlookRead More
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The Dollar has continued to jump through the first week of Q3 trade and tomorrow brings the first Non-farm Payrolls report for the quarter. Buckle up.DailyFX - Market OutlookRead More
Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF
The Euro has had a very bearish start to Q3 and there's been nary a stall or pullback in the move so far, setting up a troubling picture around the Euro-Zone as inflation remains above 8%.DailyFX - Market OutlookRead More
GBP/USD Recovery Hopes Appear Dim After Breaking June Low
The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens Covid m...DailyFX - Market OutlookRead More
AUD/USD Grips Trendline as Shanghai Covid Fears Resurface
The Australian Dollar fell to a US Dollar that was boosted by safe-haven demand overnight. The RBA's chart pack is due out today, but traders are digesting news of new Covid testing out of Shanghai...DailyFX - Market OutlookRead More
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar has set a fresh 19-year-high to get a fast start to Q3 trade. EUR/USD has fallen below the 1.0300 handle and GBP/USD is testing below the 1.2000 big figure.DailyFX - Market OutlookRead More
Crude Oil Price Wobbles as Recession Risk Lowers Yields. Will WTI Resume Up Trend?
Crude oil prices dipped today as the threat of recession saw bond yields go lower across developed markets as central banks manoeuvre into inflation fighting mode.DailyFX - Market OutlookRead More
US Dollar Provides Safe Harbour From Swelling Recession Fears. Will USD (DXY) Break Higher?
The US Dollar found support as risk assets were hit by negative sentiment surrounding the increasing chance of a global recession. Will a slowdown boost USD (DXY)?DailyFX - Market OutlookRead More
Gold Price Forecast: Gold Breakdown to 4-Month Lows – What's in Store for Q3?
Gold spent almost two months in a range and finally started to show breakdown symptoms on the first day of Q3.DailyFX - Market OutlookRead More
Bitcoin Break Down May Continue after BTC/USD Breaks 19,000
Bitcoin prices ended June with a break below key levels of support as economic recession fears heat up. BTC/USD prices look primed to continue sliding.DailyFX - Market OutlookRead More
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is pulling back after another strong showing in Q2 and EUR/USD came close to testing a major zone of long-term support.DailyFX - Market OutlookRead More
Crude Oil Price Slips as ECB Forum Fallout Continues While China Data Beats Forecasts
Crude oil managed to hold ground today after sliding in the previous session as China PMI figures gave the market some good news. Will WTI resume trending up?DailyFX - Market OutlookRead More
Australian Dollar Faces China PMI Data as Iron Ore Prices Plummet
The Australian Dollar was weighed down by a stronger Dollar and falling iron ore prices. Today's PMI data out of China offers a chance for the Aussie Dollar to recover if the data impresses.DailyFX - Market OutlookRead More
Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY
USD/JPY has just set a fresh 24-year high and Yen-weakness remains - will EUR/JPY, GBP/JPY and/or AUD/JPY follow-through with breakouts?DailyFX - Market OutlookRead More
Euro Scopes ECB Forum as Risk Appetite Takes a Hit. Where to for EUR/USD?
The Euro continued to slide today ahead of the ECB forum that will see a star-studded line up from the ECB, Fed and BoE. Will they deliver anything for EUR/USD?DailyFX - Market OutlookRead More
Bitcoin Prices Tied to Sentiment as APAC Eyes Retail Sales Data
Bitcoin fell overnight alongside US stocks as traders hit the sell button. Market sentiment may rebound in APAC trading, particularly if retail sales data out of Japan and Australia impresses.DailyFX - Market OutlookRead More
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
We're fast approaching quarter-end but there's a plethora of US risk remaining on the economic calendar as USD bulls get behind the bid.DailyFX - Market OutlookRead More
US Dollar Slips Despite Treasury Yield Bump and Crude Oil Jumps on Supply Woes
The US Dollar has eased from its recent peak as gyrations in risk sentiment cut a swath through markets. If the Fed targets inflation and it hits growth, will USD trend up again?DailyFX - Market OutlookRead More