Latest News: AUD/USD
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, the Bank of England's decision, and two more rounds of the Conservative contest await traders.
The market is in recovery mode as Bitcoin and all major altcoins have gained some ground in recent 24 hours. The total market capitalization increased slightly to $289 billion; an average daily trading volume reduced to $50 billion.
ETH/USD had a bearish opening this Thursday and is currently trading for $268.75. This Wednesday has been pretty bullish as the price went up from $265.15 to $269.25. The market has found support on the upward trending line and is trending above the 200-day SMA 200.
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.