Trading plan for 16/02/2018:
Asia is continuing the holiday break, so the market participants can observe further weakening of the USD and sustaining increases in the stock market. EUR/USD hit 1.2450, USD/JPY went down to 105.50. AUD is also very strong. The weakness of the dollar supports increases in gold and crude oil prices. On Friday 16th of February, the event calendar is light in important news releases, but the market participants should keep an eye on Retail Sales With Auto Fuel data from the UK, Building Permits and Housing Starts data form the US and Foreign Securities Purchases and Manufacturing Sales from Canada
Bitcoin analysis for 16/02/2018:
The head of the International Monetary Foundation (IMF), Christine Lagarde, said that the regulation of cryptocurrencies was inevitable and necessary at the international level.