Bitcoin slides 18 percent on crackdown fears; crypto rivals also plunge (news: 16/01/18)

Today's press

  • LONDON (Reuters) – Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading of cryptocurrencies in South Korea was still an option drove fears grew of a wider regulatory crackdown.

  • LONDON (Reuters) – The euro fell from a three-year high on Tuesday as investors sold the currency on doubts that the European Central Bank would ditch its pledge to keep buying bonds at next week’s meeting.

  • (Reuters) – The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

  • – Consumer price inflation (CPI) in the UK pulled back from a five-year high in December, official data showed on Tuesday.

Next trading day's important events

  • 13:00 (GMT+3) Eurozone – Consumer Price Index (YoY) (Dec)
  • 18:00 (GMT+3) Canada – BoC Interest Rate Decision
  • 19:15 (GMT+3) Canada – BoC Press Conference
  • 22:00 (GMT+3) US – Fed's Beige Book

Forex quotes:

  • USDJPY: 110.82
  • EURUSD: 1.2219


  • S&P 500: 2805.20
  • NASDAQ: 7327.27

Source: Alpari

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