- #AUD/USD# prints mild gains around 0.6540 amid the initial Asian session on Thursday as it consolidates the recent losses after falling heavily in the last two consecutive days to the lowest levels since early June. The Aussie pair braces for a slew of top-tier data from Australia, China, and the US.
- #EUR/USD# seesaws around 1.0940-50 during the early hours of Thursday’s Asia session after declining to the lowest level in a month by posting a three-day downtrend in the last. Slew of inflation, employment and activity data from the Eurozone, the US will entertain Euro traders, while bears occupy the driver’s seat below 1.0985.
- #gold# price languishes at the lowest level since July 12, making rounds to $1,935 after breaking the $1,945 support confluence, as bears lick their wounds ahead of a slew of United States statistics scheduled for release on Thursday.
- #australian# Securities and Investments Commission has sued eToro crypto trading platform.
- The financial regulator wants the platform penalized for breaching design, distribution, and license obligations.
- The case hinges on the appropriateness of the platform’s target market, with the authority questioning its screening test.
- The allegation comes after approximately 20,000 of eToro's clients lost money trading #CFDs# between October 2022 and June 2023.
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