AUD/USD flows: Small boost from PBoC

The PBOC said that interest rate cuts are likely in 2025 "at an appropriate time" and seems to be boosting the antipodeans. While such remark has been circulating for weeks, the exact magnitude are yet to be announced, thus the Chinese equity market are seeing little reaction while HK equities somewhat supported.

The AUD/USD is up 0.15% to 0.6213.