Published: 2024-01-26T04:59:51.000Z
AUD/USD flows: Defied soft risk sentiment
FX Analyst
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Broad regional sentiment soft
Aussie defies sentiment and USD
The Ministry of Housing and Urban-Rural Development started an inaugural meeting of the Urban Real Estate Financing Coordination Mechanism
Broad risk sentiment is soft on Friday and the USD is trading stronger against most peers. But the Aussie seems to have drawn support from news that the Ministry of Housing and Urban-Rural Development started an inaugural meeting of the Urban Real Estate Financing Coordination Mechanism, which also prompted up the property development equities in Hong Kong.
The AUD/USD is trading 0.04% higher at 0.6587.