Forex
globalreutersJanuary 3, 20251 Mins read
AUD and NZD pop higher – prospect of PBoC interest rate cuts supportive
globalreutersJanuary 3, 20251 Mins read China’s central bank is reported as saying its likely to cut this year:
Given the opening session of Chinese stock markets this year:
I’m guessing the PBoC is trying to support equities. They’ve given AUD and NZD a boost in the meantime:
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
Trump is considering allowing Nippon Steel to acquire US Steel – report
Joe Biden rejecting the Nippon Steel bid for US Steel based on...
Ukraine Zelenskiy to Trump: “Let’s do a deal” but stresses the need for secuity guarantees
Ukraine's Zelenskiy is on the wires saying:Russia controls half of Ukraine's rare...
Reuters: Canada PM Trudeau says Pres Trump talk about absorbing Canada is real
Trudeau's remarks: Prime Minister Justin Trudeau stated that U.S. President Donald Trump’s...
More from Fed’s Kugler: Stable labor market gives the Fed time to make decisions
Fed Governor Kugler:Stable labor market gives the Fed time to make decisionsNot...
Leave a comment