Forex Cryptocurrency General Chit Chat Thread 2019

[Mr. Wood]

Mon Jun 14
Australia Holiday - Queen's Birthday

Tue Jun 15
9:30am AUD RBA Meeteing Minutes
8:15pm GBP BOE Gov Bailey Speaks about the future growth of UK-based financial services at an online conference
8:30pm USD Core Retail Sales m/m
USD PPI m/m
USD Retail Sales m/m

Wed Jun 16
3:00pm CNY Industrial Production y/y
8:30pm CAD CPI m/m

Thu Jun 17
2:00am USD FOMC Economic Projections
USD FOMC Statement
2:30am USD FOMC Press Conference
6:30am CAD BOC Gov Macklem Due to testify before the Standing Senate Committee on Banking, Trade and Commerce
6:45am NZD GDP q/q
8:10am AUD RBA Gov Lowe Due to deliver a speech titled "From Recovery to Expansion" at the Australian Farm Institute Conference
9:30am AUD Employment Change
AUD Unemployment Rate
3:30pm CHF SNB Monetary Policy Assessment
4:00pm CHF SNB Press Conference

Fri Jun 18

 

[Mr. Wood]

short term EP and TP range

 

[Mr. Wood]

Bitcoin on the Balance Sheet Is an Accounting Headache for Tesla, Others
June 14, 2021

But companies holding bitcoin in their treasuries face an accounting risk: Because bitcoin and other digital assets are considered “indefinite-lived intangible assets,” rather than currencies, any decrease in their value below what the company paid for them—even a temporary one—can force a company to write down the value and take an impairment charge.

 

[wutawa]

Usd-sgd jumped 1.326 to 1.342. Nice

 

[Mr. Wood]

Mon Jun 21
9:30am AUD Retail Sales m/m
CNY PBoC Loan Prime Rate
10:15pm EUR ECB President Lagarde testify at a virtual hearing before the European Parliament Economic and Monetary Affairs Committee

Tue Jun 22
10:00pm USD Existing Home Sales (May)

Wed Jun 23
2:00am USD Fed Chair Powell Testifies on the Fed’s emergency lending programs and current policies before the House Select Subcommittee on the Coronavirus Crisis
3:30pm EUR German Flash Manufacturing PMI
EUR German Flash Services PMI
9:45pm USD Flash Manufacturing PMI
USD Flash Services PMI

Thu Jun 24
7:00pm GBP Asset Purchase Facility
GBP MPC Asset Purchase Facility Votes
GBP Monetary Policy Summary

Fri Jun 25

 

[Mr. Wood]

rebound! rebound! rebound!

 

[Mr. Wood]

rebound! rebound! rebound!

continue down trend

 

[Mr. Wood]

World's first Bitcoin ETF adds $3M per day throughout BTC price dip
Jun 25, 2021

In an unusual success story from the past few weeks, Canada’s Purpose did not see a significant reduction in holdings or demand after BTC/USD hit $30,000 and under.

 

[Mr. Wood]

Mon Jun 28
Tue Jun 29
Wed Jun 30	9:00am	CNY	Manufacturing PMI (Jun)
	2:00pm	GBP	GDP (Q1)
	10:30pm	USD	Crude Oil Invetories
Thu Jul 1	All Day	All	OPEC-JMMC Meetings
	9:45am	CNY	Caixin Manufacturing PMI (Jun)
	4:30pm	GBP	Manufacturing PMI (Jun)
	10:00pm	USD	ISM Manufacturing PMI
Fri Jul 2	3:00am	GBP	BOE Gov Bailey Speaks
	8:30pm	USD	Average Hourly Earnings m/m
		USD	Non-Farm Employment Change
		USD	Unemployment Rate
		EUR	ECB President Lagarde participate in a panel discussion titled "What have we learnt in 2020?"

 

[Mr. Wood]

Asian Open: Bullish Exposure to Gold Falls to 2-year Low
June 28, 2021

• Short exposure to the US dollar was reduced by -$4.5 billion, according to data compiled by IMM
• Large speculators flipped to net-short exposure on US 10-year treasuries
• Net-long exposure to euro futures fell by 29.1k contracts
• Net-long exposure to the Swiss franc is at its highest level in three months
• Traders were their least bullish on gold futures two years
• Net-short exposure to yen futures fell to a -week low
• Long exposure to copper futures continued to fall, and is now at its lowest level since reverting to net-long exposure in in June 2020

 

[Mr. Wood]

Chart of the week – WTI Crude Oil (cash) bullish trend intact as OPEC looms
27 Jun 2021

Despite the expected incoming increase in oil supply per day, the multi-month uptrend of West Texas Crude Oil (cash) is not showing any clear signs of a reversal from a technical analysis perspective.

 

[Mr. Wood]

GBP/USD Eyes 1.3800
June 29, 2021

GBP/USD looks like its preparing for its next drop lower, judging from the daily trend structure. A lower high formed last week at 1.4000 then printed two down-days before yesterday’s bearish pinbar. Moreover, yesterday’s high found resistance at the 10-day eMA then closed below the weekly pivot. The next logical support level (or target for bears) is around the 1.3800 handle, which is just above a cycle low and the weekly S1. Further out the April lows come into focus, although there are several potential support levels between 1.3670 – 1.3715 including the 200-day eMA, swing lows and weekly S2.

 

[Mr. Wood]

Sun Jul 4
Mon Jul 5	All Day	All	OPEC-JMMC Meetings
			United States - Independence Day
	4:30pm	GBP	Service PMI (Jun)
Tue Jul 6	12:30pm	AUD	RBA Rate Statement
	2:00pm	AUD	RBA Gov Lowe Due to hold a press conference about the monetary policy decision at the Reserve Bank of Australia
	10:00pm	USD	ISM Services PMI
Wed Jul 7
Thu Jul 8	2:00am	USD	FOMC Meeting Minutes
	10:30am	AUD	RBA Gov Lowe Due to speak about the labor market and monetary policy at a webinar hosted by the Economic Society of Australia
	8:30pm	USD	Initial Jobless Claims
Fri Jul 9	6:00pm	GBP	BOE Gov Bailey Due to participate in a panel discussion titled "Digitalisation, intangibles and potential growth in a post-COVID world" at the Global Forum on Productivity, in Venice
	8:30pm	CAD	Employment Change
		CAD	Unemployment Rate

 

[Mr. Wood]

Mon Jul 12	8:30pm	USD	Core CPI m/m
Tue Jul 13	8:30pm	USD	PPI m/m
		USD	Core CPI m/m
Wed Jul 14	10:00am	NZD	RBNZ Rate Statement
	8:30pm	USD	PPI m/m
	10:00pm	CAD	BOC Monetary Policy Report
		CAD	BOC Rate Statement
	11:00pm	CAD	BOC Press Conference
Thu Jul 15	12:00am	USD	Fed Chair Powell Testifies on the Semi-Annual Monetary Policy Report before the House Financial Services Committee, in Washington DC
	9:30am	AUD	Employment Change
		AUD	Unemployment Rate
	10:00am	CNY	GDP y/y Q2
	8:30pm	USD	Initial Jobless Claims
	9:30pm	USD	Fed Chair Powell Testifies on the Semi-Annual Monetary Policy Report before the Senate Banking Committee, in Washington DC
Fri Jul 16	6:45am	NZD	CPI q/q
	11:00am	JPY	BOJ Outlook Report
	8:30pm	USD	Core Retail Sales m/m
		USD	Retail Sales m/m

 

[Mr. Wood]

continue down trend

boring!

 

[Mr. Wood]

Mon Jul 19
Tue Jul 20	9:30am	AUD	Monetary Policy Meeting Minutes
Wed Jul 21
Thu Jul 22			Japan Holiday - Marine Day
	7:45pm	EUR	Monetary Policy Statement
	8:30pm	EUR	ECB Press Conference
Fri Jul 23			Japan Holiday - Sports Day
	3:30pm	EUR	German Flash Manufacturing PMI
		EUR	German Flash Services PMI
	8:30pm	CAD	Core Retail Sales m/m

 

[Mr. Wood]

Mon Jul 26	10:00pm	USD	New Home Sales (Jun)
Tue Jul 27	10:00pm	USD	** Consumer Confidence
Wed Jul 28	9:30am	AUD	CPI q/q
		AUD	Trimmed Mean CPI q/q
	8:30pm	CAD	CPI m/m
Thu Jul 29	2:00am	USD	FOMC Statement
	2:30am	USD	FOMC Press Conference
	8:30pm	USD	Advance GDP q/q
Fri Jul 30	5:00pm	EUR	CPI y/y
	8:30pm	CAD	GDP m/m
		USD	Core PCE Price Index m/m
Sat Jul 31	9:00am	CNY	Manufacturing PMI (Jul)

 

[Mr. Wood]

Copper Breaks Out, Commodities Basket Rises to 4-year High
July 27, 2021

 

[Mr. Wood]

Mon Aug 2	10:00pm	USD	ISM Manufacturing PMI
TueAug 3	12:30pm	AUD	RBA Rate Statement
Wed Aug 4	6:45am	NZD	Employment Change q/q
		NZD	Unemployment Rate
	8:15pm	USD	ADP Non-Farm Employment Change
	10:00pm	USD	ISM Services PMI
Thu Aug 5	7:00pm	GBP	Asset Purchase Facility
		GBP	BOE Monetary Policy Report
		GBP	MPC Asset Purchase Facility Votes
		GBP	Monetary Policy Summary
Fri Aug 6	7:00am	AUD	RBA Gov Lowe Due to testify before the House of Representatives Standing Committee on Economics, in Canberra
	7:15pm	GBP	MPC Member Broadbent Due to speak about the Monetary Policy Report at an online event hosted by the Bank of England
	8:30pm	CAD	Employment Change
		CAD	Unemployment Rate
		USD	Average Hourly Earnings m/m
		USD	Non-Farm Employment Change
		USD	Unemployment Rate

 

[Mr. Wood]

boring!