China devalued the yuan - not included in FF calendar! | Forex Factory

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China devalued the yuan - not included in FF calendar!

  • #1
  • First Post: Edited 7:08am Aug 11, 2015 6:51am | Edited 7:08am
Why is there no mentioning that PBOC devalued chinese yuan in biggest move in two decades in forex factory calendar?! It is the most vital trading information of the day with possible long lasting strong negative impact on commodity currencies and inflow of new capital in USD and EUR (large unwind of short EUR/CNH positions). To make things even worse, we've only gotten value of new yuan loans issued to consumers which was positive and therefore misleading without info about devaluated yuan. Just a small note about it in today's calendar would be sufficient
  • #2
  • Aug 11, 2015 10:07am Aug 11, 2015 10:07am
Quoting Tom81
Why is there no mentioning that PBOC devalued chinese yuan in biggest move in two decades in forex factory calendar?!
//----

same reason the chf-de-peg was not on the january 15th calendar of events.... somethings are not known in advance....h
to trade and code, keep both simple... no call to impress....h
  • #3
  • Aug 11, 2015 10:18am Aug 11, 2015 10:18am
Quoting Tom81
Why is there no mentioning that PBOC devalued chinese yuan in biggest move in two decades in forex factory calendar?! It is the most vital trading information of the day with possible long lasting strong negative impact on commodity currencies and inflow of new capital in USD and EUR (large unwind of short EUR/CNH positions). To make things even worse, we've only gotten value of new yuan loans issued to consumers which was positive and therefore misleading without info about devaluated yuan. Just a small note about it in today's calendar would be...

Now that was funny.
  • #4
  • Aug 11, 2015 6:03pm Aug 11, 2015 6:03pm
because the government of PROC will not tell when exacly they will release the news
patience is a virtue
  • #5
  • Aug 11, 2015 6:43pm Aug 11, 2015 6:43pm
Forexlive gave a warning it was coming and I was surprised when I looked and saw FF didn't show it on the calender:

http://news.forexlive.com/!/you-read...15gmt-20150812
  • #6
  • Aug 12, 2015 8:37am Aug 12, 2015 8:37am
It's nothing funny about my post. I'm not saying it should be in calendar in advance. BUT when devaluation happened it should be added in calendar immediately. I was taken out of my EUR trades before I noticed news on Bloomberg. Thomson Reuters sent warning to it's clients less than 5 min after devaluation happened.
  • #7
  • Aug 14, 2015 4:24pm Aug 14, 2015 4:24pm
1.- FF is a lagging indicator like RSI, MACD etc.
2.- FF is functioning on the previous candle on higher timeframe. D1 W1 & MN1
  • #8
  • Aug 14, 2015 4:56pm Aug 14, 2015 4:56pm
sorry to inform you that each country may do whatever the hell they want with their economy without the approval of FF. (just so you know), it isnt a law (yet).
  • #9
  • Last Post: Aug 14, 2015 10:49pm Aug 14, 2015 10:49pm
Long live Ransquawk!
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