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club Felene

AUD/USD Outlook: Aussie Rides High on China’s Stimulus Efforts

by Forex Crunch
January 14, 2025
in Forex Analysis
Reading Time: 1 min read

The People’s Bank of China announced more measures to support its fragile economy. Consumer sentiment in Australia dropped in January. Traders eagerly await the US PPI report. The AUD/USD outlook indicates continued optimism about China’s efforts to support its weak economy, which has boosted the Aussie. Meanwhile, Australia’s decline in consumer sentiment could pressure the…
The post AUD/USD Outlook: Aussie Rides High on China’s Stimulus Efforts appeared first on Forex Crunch.
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