by K-man | November 5th, 2021, 11:40:17 | Canada, Economic Data
Another belter or? First a warning: StatsCan reports can be volatile. We’ve seen enough huge revisions to prior reports to always make sure to keep the bag of salt close to hand when they produce data. This being said, we’ve had increasingly good Canadian...
by K-man | November 24th, 2020, 13:06:50 | Cryptocurrencies, News, Technical Analysis
Gold and BTC divergence. It’s a hot topic these days. Since the major institutionals found their way to BTC, gold has definitely lost some of its shine. Positioning, less safe haven needs, the next US stimulus round having to wait a bit to see th elight of day ,...
by K-man | January 13th, 2020, 12:20:57 | Asia, Economic Data, PBOC, Technical Analysis
An outlook on the CNH drivers. #US- #China Phase One to be signed. Reinstatement of semi annual talks with China (outside trade talks), which Trump abolished earlier during his tenure. Expectations for China trade balance to rebound in Dec (out tomorrow). Expectations...
by K-man | November 24th, 2019, 17:08:52 | Brexit, News, UK, US
The weekend press headlines. Good Sunday evening, Monday morning fellow FX traders. -Give an take a bit of political banter, it seems the weekend got a little better as it progressed from China’s political banter at the WTO yesterday into tighter IP protection...
by K-man | October 30th, 2019, 12:08:31 | Central Banks, Economic Data, Fed, FOMC, US
Preview on what’s to come for the mighty dollar. It’s some block of data and decisions we’re getting second half of this week. We start with GDP, core PCE followed by the FOMC rate decision and presser today. Tomorrow we’re having another round...