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Bitcoin extends fall to below 72k
The impact of the news of departure of Jensen Huang as boss of NVIDIA has had multiple impacts around the markets. Gold has taken a hit and fallen towards the lows seen back on October 30, when it crumbled to $3,870 and Bitcoin has fallen below the 72k handle. We did say the outlook was negative in the very last update on BTC earlier today. Well, it has now traded as low as 71,790 and it is not far above that low right now, currently trading at 71,810
Market News
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USD/JPY toying with 160.00 again but the BOJ is watching on (corrected)
As expected, the EUR/USD has fallen further and so has Gold. We warned you that it was probably not finished with the downside and another attack on...
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USD/JPY toying with 160.00 again but the BOJ is watching on
As expected, the EUR/USD has fallen further and so has Gold. We warned you that it was probably not finished with the downside and another attack on...
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US yields push higher- EUR/USD falls back again
In the penultimate update on Gold we mentioned the pre-opening slide in NVDA as a driver for losses in the metal, but what we did not mentioned (and...