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As with Gold yesterday and update here on Bitcoin in the morning suggested the lead cryptocurrency might be having a re-think about the true prospects of Trump reclaiming the White House next week. Well, it certainly seemed so, as BTC also fell back into the wider monthly market close and it has extended that move today. Bitcoin hit a session low earlier today at 68,775. Earlier in the Asian session it had topped out at 70,554 and since falling below 69k about 4 hours ago, it has yet to reclaim levels above 70k again. As to whether BTC will have a further re-think today about Trump and the White House is not clear at this stage, but not to be ruled out it seems. BTC is currently trading at 69,390
Well, you were alerted to something rather strange going on this afternoon in Gold and since then the metal has taken another lurch lower. This time...
The US stock markets have not long reopened for the final trading session of the week. It has been a very modestly higher opening across the board...
Given the reaction in the GBP/USD and the USD/JPY after the US sales data you might easily be forgiven for thinking the EUR/USD should be above 1.05...
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