Published: 2024-06-11T04:03:15.000Z
AUD/USD flows: Depressed sentiment

FX Analyst
2
Chinese Builder Dexin Receives Liquidation Order From Hong Kong Court
Yuan reached yearly low and see National Team stepping in
After the PBoC fixed yuan at the weakest since January, USD/CNY has weakened to level last seen in November 2023 and the "National Team" stepped in to sell USD to buy Yuan. Chinese Builder Dexin Receives Liquidation Order From Hong Kong Court. Chinese equity sentiment seems to be affected and is down by more than a percent, so as HK equities.
With major sentiment soft, AUD/USD is trading 0.23% at 0.6595.