EUR/USD has extended its gains after the Fed opened the door to cutting interest rates, stating that uncertainties have increased. Markets are awaiting EU leaders to divvy up top jobs.
GBP/USD has extended its gains above 1.2700 after the Fed opened the door to rate cuts. UK retail sales fell by 0.5% in May as expected. The BOE's decision and two more rounds of the Conservative contest await traders.
BTC/USD trading pair is seen trading at 9,269 on Thursday as the bulls battle to hold onto the minor gains on Thursday. For most od he trading this week, BTC/USD has stayed above $9,000. However, its upside has been limited under the resistance at $9,400.
The London-based cryptocurrency exchange CEX.io surveyed over one thousand respondents in the UK and learned that only 13% of British citizens hold digital assets.
BTC/USD is currently trading for $9,295 in the early hours of Thursday, following a bullish Wednesday. The bulls took the price up from $9,078.35 to $9,265 over this Wednesday. Before that, BTC/USD enjoyed six straight bullish days from June 12th to June 17th.