000.Receive the best-curated content by our editors for the week ahead.WTI retreats as Covid-19 cases rise,an alternative togoldand as a more common mainstream payment method.Feds Mester: Policy must remain highly accommodative moving forward,2015 -0.03% – Jan 2,topping $29,2016 -1.54% – Jan 2,the market dropped three other times on the first day. First Day Declines (SPX): – Jan 4,2014 -0.89%Note: Low and High figures are for the trading day.Note: Low and High figures are for the trading day.000 and well positioned to hit $30,lockdowns increase $WTI $USD Feel free to contact meon Twitter @MartinSEssexBitcoin is also seen increasingly as an inflation hedge,near-term outlook remains weak – BBGThe $SPX dropped -1.48% (Dow -1.25% and Nasdaq -1.5%) in the first trading day of the year. In the past 10 years,DailyFXprovides forex news and technical analysis on the trends that influence the global currency markets.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.TheBitcoinprice reached its highest ever level in early European trade Thursday,

US Dollar Volatility Spikes as GBP/USD Tumbles, USD/CAD Climbs -via @DailyFX Link to Analysis: $DXY $USD $GBPUSD $USDCAD FX Forex Trading

Stay ahead with your guide to the top trading opportunities with the new years beginnings. Get your free guide here: DailyfxGuides

Note: Low and High figures are for the trading day.

Japan is considering suspending all foreign arrivals – Asahi

10 out of 11 S&P 500 sectors ended lower, with 84.2% of the indexs constituents closing in the red on Monday. Real estate (-3.29%), utilities (-2.60%) and industrials (-2.55%) were among the worst performers, whereas energy (+0.13%) registered a small gain.

Recent reports have suggested that hedge funds, institutions and even blue-chip US corporates are now buying the cryptocurrency, adding to the demand from retail investors. A weakUS Dollarhas helped BTC/USD too, and institutional investors may have also been encouraged to buy Bitcoin by increased US surveillance of the market, clear from the US Securities and Exchange Commissions decision to file a lawsuit againstRippleLabs,alleging that it raisedmore than$1.3 billion through the sale and distribution of the digital assets ofRipple (XRP)without registering.

The price of Bitcoin rose again in early European business Thursday, hitting a record high at $29,302 and in a good position to reach the $30,000 level, perhaps after some profit-taking. As the chart below shows, BTC/USDremains in a strong upward-sloping channel but is currently overbought, with the 14-day relative strength index above 80. An RSI above 70 points to an overbought asset.

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Heads Up:🇺🇸 Fed Mester Speech due at 23:00 GMT (15min)

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Bitcoin (BTC) Latest: BTC/USD at Record High, Takes Aim at 30,000

Reports suggest that hedge funds, institutions and even blue-chip US corporates are investing in the cryptocurrency, adding to the demand from retail investors.

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Bitcoin and Ethereum have stormed higher since the March 2020 nadir on the back of extraordinary fiscal and monetary support. However, a near-term pullback could be in the offing. Get your market update from @DanielGMoss here:

Ossoff guarantees $2,000 checks if Democrats sweep runoff – BBG $DXY

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Source: IG(You can click on it for a larger image)

Note: Low and High figures are for the trading day.