Trading plan for 24/01/2018:
It was a hard night for the US Dollar, which loses to all major currencies, and the US Dollar index is the lowest for over three years. The strongest are JPY and CHF. USD/JPY violated 110, EUR/USD trying to break 1.23, GBP/USD approached the 1.4050. The stock market does not show a clear direction, but the trend is still up. The US API report disappointed, but Crude Oil keeps high.
On Wednesday 24th of January, the event calendar is busy with important data releases in form of Flash Manufacturing, Services and Composite PMI from Germany, France, Japan and USA. Moreover, there are Claimant Count Change data releases from the UK as well
Read more: https://www.instaforex.com/forex_analysis/108150
Bitcoin analysis for 24/01/2018:
The president of the Swiss UBS Bank, Axel Weber, announced today that he will not advise bank clients on investing in cryptocurrencies, although he distinguishes institutional and retail clients when discussing the topic
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