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As you know, Bitcoin nearly reached 110k yesterday. The reported, record high seen here was set at 109,241. The price action since then has been mostly to the downside and earlier this morning BTC came very close to falling back below the 100k handle. The low seen earlier was set at 100,103. Naturally, 100k is a potentially major support level from here on, but at the same time, not by any means guaranteed to hold another downside run. The reaction in BTC this morning is surely rather odd to some out there and perhaps understandably so. It could simply be a case of-Buy the Rumour, Sell the fact? We shall see on that as the day unfolds. The earlier high today was set at 103,725. BTC is currently trading at 101,745
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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