Monday, November 20, 2017

MONDAY 11/20/17; German Coalition Government Talks Collapse; Leading Indicators; Bitcoin Prints Above 8.2K; US Stocks Rally Led by Banks and Chips; PANW; A; URBN; INTU

Euro 1.1796. Euro/yen 132.26. Dollar/yen 112.12. Pound 1.3222. Euro/pound 0.8922. Mexican peso 18.9387. Canadian dollar 1.2768. Dollar/yuan 6.6268. Indian rupee 65.015. Aussie dollar 0.7563.




[Purchase the 2017-11 chronology to read and study the market drama in November.]







Bitcoin collapses from 8250 to 7820, -5.2%, in 90 minutes. The volatility in the digital currency space continues. Start-up company Tether, that introduces a cybercurrency backed by dollars, says its systems are hacked and $31 million in tether tokens are stolen. The digital currency space is like the ‘wild, wild West’ (lawless frontier days).

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