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Published: 2024-09-26T04:53:22.000Z

AUD/USD flows: Stimulus supporting regional sentiment

byCephas Kin Long Yung

FX Analyst
1

It is reported that China is considering injecting US$142bn of capital into top banks

It is reported that China is considering injecting US$142bn of capital into top banks from Bloomberg and Reuters. It seems to be more follow through stimulus from the Chinese government.

Regional sentiment is well supported by such and see AUD/USD 0.31% higher at 0.6844.

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Topics
Foreign Exchange
Flows
AUD/USD-Commentary

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