Bitcoin hit an all-time high of $23,000 | December 18, 2020

Its popularity among large investors is growing and the weakness of the USD is boosting Bitcoin further.

Weekly Review
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Bitcoin has hit an all-time high of $23,000 this week. Its popularity among large investors is growing and the weakness of the USD is boosting Bitcoin further.

New Zealand records a 14% GDP growth in the third quarter, fully recovering from the 11% drop in the previous period. The NZD continues to rise in price.

The Fed meeting this week did not change the situation with the dollar. Investors' expectations about stimulus measures for the US economy are strengthening. The USD continues to fall in price against major currencies.

The UK unemployment rate dropped to 4.9% in October. The pound remains at its highest level in two years, pending a Brexit deal.

Robert Thompson
2-year high for AUD/USD | December 11, 2020

Weekly Review

2-year high for AUD/USD | December 11, 2020

The AUD hit its highest level in 2.5 years as iron ore prices rose.

Robert Thompson
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N225 sets 29 years high | November 27, 2020

Weekly Review

N225 sets 29 years high | November 27, 2020

The leader is Japan's Nikkei (#N225), which hit its highest level in 29 years this week.

Robert Thompson
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Tesla to join #SPX | November 20, 2020

Weekly Review

Tesla to join #SPX | November 20, 2020

Tesla is going to be included in the S&P Index (#SPX)

Robert Thompson
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