AUD/USD flows: PBoC Cut MLF

The People’s Bank of China cut the Medium-term Lending Facility (MLF) rate to 2% from 2.3% . It supported the regional equity market and see both the Chinese and HK indexes up close to 2%, while U.S. three major equity indexes are slightly in the red.

AUD/USD continued the post CPI slip to 0.12% to 0.6884.