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AUD/USD holds below 0.6150 on bullish US Dollar, stronger US NFP report
The AUD/USD pair remains on the defensive around 0.6145 during the early Asian session on Monday.
China intensified efforts on Monday to stabilize the weakening yuan
Recapping the various yuan-supportive measures hitting markets today
CNY
China
CNH
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More on China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
PBOC, SAFE reiterated their pledge to defend the yuan
CNY
China Stock Market
China
CNH
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PBoC Gov Pan says interest rate and RRR tools will be utilized to maintain ample liquidity
People's Bank of China Governor
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China Stock Market
China
CNH
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China Foreign Exchange Committee (CFXC) held meeting - pledged to support yuan
The meeting included representatives from major financial institutions
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China Stock Market
China
CNH
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Australian Dollar plunges to fresh multi-year low after upbeat US NFP data
The Australian Dollar remains under intense selling pressure following stronger-than-anticipated US Nonfarm Payrolls (NFP) data, hovering near multi-year lows around 0.6150.
Australia
AUDUSD
SEO
Currencies
Forecasting the upcoming week: US inflation data to dominate
The US Dollar surged to a fresh 26-month high after US Nonfarm Payrolls (NFP) surged in December, devastating market hopes for more Federal Reserve (Fed) rate cuts in 2025.
Currencies
Majors
EURUSD
CPI
Inflation
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