The EUR/USD pair ended the week with a drop of 0.10%, closing at 1.1862. The GBP/USD pair decreased by 0.17%, ending the week at a 1.3363 exchange rate. Bitcoin fell below $11,000 on Friday, having started the week at a record high of almost $20,000. It has been an extremely unpredictable month for the digital currency, which has soared in value from under $1,000 on the start of 2017. Almost $64 billion of bitcoin was stolen last week by hackers who broke into the NiceHash marketplace in Slovenia. Gold rose by 0.65%, as of last week’s market close, closing at $1,278.80 an ounce. Crude Oil rose by 0.19%, closing at $58.47 a barrel
On Friday, President Donald Trump signed a massive $1.5 trillion tax bill into law. The bill cuts corporate tax rates from 35% to 21% and changes the way the US government taxes companies operating outside of the US. The Dow Jones ended the week with a drop of 0.11%, closing at a value of 24,754.06. The S&P 500 fell slightly by 0.05%, closing at a value of 2,683.34. And lastly, the NASDAQ decreased by 0.08%, ending the week at a value point of 6,959.96.
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