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AUD/USD attempts a bounce above 0.6700 on China's stimulus optimism
AUD/USD attempts a modest bounce above 0.6700 in Asian trading on Thursday\ The pair cheers a risk-on market profile, induced by hopes of China's fiscal stimulus package and efforts to boost local equity markets. A broad US Dollar also aids the Aussie's uptick ahead of key US CPI data.
USD/JPY holds pullback from two-month highs, defends 149.00
USD/JPY defends 149.00, stalling its retracement from the highest level since mid-August at 149.36. The BoJ rate hikes uncertainty and a generally positive risk tone cap gains for the safe-haven Japanese Yen while traders look to the US CPI data for fresh impetus.
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Gold hangs near the multi-week low, holds above $2,600 ahead of US CPI
Gold price consolidates its recent losses to a nearly three-week low, though it holds above the $2,600 mark during the Asian session on Thursday. The USD sits near its highest level since August 16 amid diminishing odds for a more aggressive policy easing by the Fed, which undermines the non-yielding yellow metal.
US government charges notable crypto companies, individuals for market manipulation and fraud
The US government took legal action against three crypto firms and 15 individuals on Wednesday for market manipulation and fraud, including artificially inflating cryptocurrency prices to make profits.
Ethereum Price Forecast: ETH could test $2,395 support amid Vitalik Buterin's Nobel Prize calls
Ethereum is trading at $2,413 on Wednesday as it looks to test the support level near $2,395. The current bearish price outlook could change drastically if Vitalik Buterin surprisingly emerges as an economics Nobel Prize winner on October 14.