Notes From the Lab: The Dollar’s Next Move Will Ignite BTC Volatility
I think the 3 or 4 things to pay attention to are bonds yields, MOVE index, USDCNH and DXY.
Anyways, not sure what will make the DXY roll over in the short to medium term if bond yields will go higher and equities will correct...🤔
Thanks for reading Yaniv! Some interesting catalysts on the calendar which could translate to a major move this week....
https://www.marketwatch.com/economy-politics/calendar
Thanks for the reply JJ.
I suspect the bond market (and FX through the $) is about to become more significant for crypto PA in the coming weeks.
Looking at what treasuries (+10) did today and how the FX markets and the move index responded makes me more confident.
If we won’t see an intervention (like we saw in Oct22) sooner rather than later, I think vol will spike while price will go down but I could be wrong.
We’ll see
☝️ While ATM US economy seems more robust the the China and Europe.
Excellent write up as usual JJ. Thank you my man.
Nice read JJ. Thanks for the alpha!
Don
Thanks for reading Uncle Don!
I think the 3 or 4 things to pay attention to are bonds yields, MOVE index, USDCNH and DXY.
Anyways, not sure what will make the DXY roll over in the short to medium term if bond yields will go higher and equities will correct...🤔
Thanks for reading Yaniv! Some interesting catalysts on the calendar which could translate to a major move this week....
https://www.marketwatch.com/economy-politics/calendar
Thanks for the reply JJ.
I suspect the bond market (and FX through the $) is about to become more significant for crypto PA in the coming weeks.
Looking at what treasuries (+10) did today and how the FX markets and the move index responded makes me more confident.
If we won’t see an intervention (like we saw in Oct22) sooner rather than later, I think vol will spike while price will go down but I could be wrong.
We’ll see
☝️ While ATM US economy seems more robust the the China and Europe.
Excellent write up as usual JJ. Thank you my man.
Nice read JJ. Thanks for the alpha!
Don
Thanks for reading Uncle Don!