Tuesday, 12 November 2024

AUD/USD Stabilises as Traders Await Economic Signals

by BD Banks

The AUD/USD pair is navigating the week starting with a steady tone, trading around 0.6590. After a significant drop last Friday, triggered by disappointment over China’s economic stimulus measures, the pair finds a momentary respite as it consolidates recent movements. China’s announcement of a significant debt reduction and support for local governments and economic growth […]

The post AUD/USD Stabilises as Traders Await Economic Signals appeared first on Action Forex.

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