Bitcoin went down by just 0.36% last Tuesday, technically gave its 1.44% gains from Monday to close the day at $6,292.1. A Slow bullish start of the day saw Bitcoin hitting an intraday high $6,399.6 before reversing to the day’s high. Bitcoin came up against the first major resistance level at $6,396.13 to send the popular coin back from a move through to $6,400 levels for the first time since last Sunday. Elsewhere, the Kiwi Dollar was down about 0.13% to $0.6552 on Thursday giving up some of last Wednesday’s profits, the good news was that if China agrees to resume talks with the U.S. the pair could rise. On other news, China asked permission from the World Trade Organization to impose sanctions on the U.S according to the World Trade Organization meeting agenda. The Euro trading did not change much last week as we saw the popular currency was on the downside just below 1.1600 level as investors were awaiting last week’s ECB meeting on.
Brexit, NAFTA, US-Iran Tensions
Weekly Report - 17/09/2018