Trading plan for 26/03/2018:
On Monday, NZD is the most powerful, as changes in the RBNZ mandate are devoid of dovish elements. After the rest of the currencies, there are minimal attempts to improve sentiment, although the mood is far from good. The stock market in Asia is fighting for a bounce, but no avail. Crude Oil is very unstable because investors quickly recover from reports of a rocket attack in the Middle East. On Monday 26th of March, the event calendar is light in important news releases, but the market participants should keep an eye on speeches from FOMC members like William Dudley, Loretta Mester and Randal Quarles.
Bitcoin analysis for 26/03/2018:
Nigerians have been warned by the Nigeria Deposit Insurance Corporation (NDIC) before using cryptocurrencies because the Central Bank of Nigeria (CBN) does not recognize them as a legal currency, according to the local Business Post Nigeria magazine.This is not the first cryptocurrency warning because various government agencies in Nigeria warned citizens about a new form of money.