Published: 2024-05-20T04:17:45.000Z
AUD/USD flows: China's LPR Unchanged
FX Analyst
1
China’s LPR unchaged at 3.45% for 1yr and 3.95% for 5yr
The Chinese LPRs are left unchanged with expectations that there will be more stimulus in the coming months. Regional sentiment is positive, so as U.S. three major equity indexes.
Commodities are broadly positive on Monday and supported the AUD/USD to trade 0.22% higher at 0.6707.