Previous Trading Days Events 10 Jan 2024

Multiple asset managers have applied for Bitcoin ETFs since 2013. On Wednesday 10th Jan, the U.S. SEC approved applications from ARK Investments, BlackRock and Fidelity, among others. ETFs will be listed on Nasdaq, NYSE and the CBOE. With a spot Bitcoin ETF, investors gain exposure to the price of Bitcoin without the complications and risks of owning Bitcoin directly.

Sourcehttpswww.reuters.comtechnologywhyusbitcoinetfisgamechangercrypto20240110

Winners vs Losers

The USD corrected to the downside from yesterdays positive performance and the JPY significantly depreciated. These factors caused the JPY pairs JPY as Quote to remain high with EURJPY to lead with 0.88 gains this week and USDJPY to be on the top for this month with just over 3 gains so far.

News Reports Monitor Previous Trading Day 10 Jan 2024

Server Time Timezone EEST UTC 0200

Midnight Night Session Asian

Inflation in Australia is lowering significantly. The core inflation also eased sharply reinforcing market expectations that interest rate hikes are no longer needed. The AUD was affected at that time negatively with sudden but no strong depreciation that soon faded. No major impact here.

MorningDay Session European and N. American Session

Bank of England BOE Governor Andrew Bailey highlighted once more that BOE is determined to return U.K. inflation to target. He highlighted the fact that labour market conditions in the U.K. remained stable…