Published: 2025-05-07T02:19:27.000Z
AUD/USD flows: Regional equities strong
FX Analyst
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Topics
PBOC Governor Pan says world is full of uncertainties
People's Bank of China sets 7-day reverse repo rate at 1.4%
The PBoC has cut rates across policy, RRR and reverse repo rate. Regional equities are strongly supported but partial opening gains in the Chinese equity indexes are retraced while U.S. three major equity indexes are almsot up by a percent.
AUD/USD has reached a session high of 0.6515 before giving it all back to trade 0.14% lower at 0.6485.