Wednesday, 10 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Australian Dollar appreciates as PBoC signals interest rate cuts this year
Friday, 3 January 2025 11:17 WIB | AUD/USD |DOLLARAussie

The Australian Dollar (AUD) extends its gains for the second successive session against the US Dollar (USD) on Friday. The AUD gained support following a Financial Times report stating that the People's Bank of China (PBoC) expects an interest rate cut this year at an appropriate time. As close trade partners, any fluctuations in China's economy tend to impact Australian markets.

The AUD/USD pair appreciates as the Australian Dollar recovers from two-year lows as stronger commodity prices provide support, particularly Oil and Gold, benefiting Australia's position as a major exporter of these key resources.  Oil and Gold stocks saw notable gains including Woodside Energy and Northern Star Resources.

Source: Fxtreet

RELATED NEWS
Australian Dollar remains subdued following China's CPI data...
Wednesday, 10 September 2025 09:05 WIB

The Australian Dollar (AUD) loses ground on Wednesday for the second consecutive day. The AUD/USD pair struggles as the US Dollar (USD) extends its gains despite the United States (US) Nonfarm Payroll...

AUD/USD steadies above 0.6500 as focus shifts to US Nonfarm Payrolls...
Friday, 5 September 2025 04:03 WIB

The Australian Dollar (AUD) is under pressure against the US Dollar (USD) on Thursday, with AUD/USD down almost 0.50%, trading near 0.6510 at the time of writing. The pullback reflects broad Greenback...

Aussie Dollar Holds Ground Amid Stronger Trade Data...
Thursday, 4 September 2025 09:50 WIB

The Australian dollar was little changed to around $0.654 on Thursday, holding its recent gains, supported by stronger-than-expected trade balance figures. Australia's goods trade surplus widened to A...

Aussie Dollar Muted Despite Stronger GDP...
Wednesday, 3 September 2025 10:17 WIB

The Australian dollar was little changed to around $0.652 on Wednesday, after a 0.5% drop in the previous session, as strength in the US dollar offset upbeat domestic GDP data. The greenback held firm...

Aussie Dollar Snaps Five-Day Rally...
Tuesday, 2 September 2025 10:28 WIB

The Australian dollar weakened to around $0.654 on Tuesday, snapping a five-session winning streak, as investors paused amid a mix of domestic economic signals. Notably, Australia's current account de...

LATEST NEWS
Hang Seng Index surges past 26,000 points following strong performance from Alibaba

The Hang Seng Index opened higher today, gaining 104 points to reach 26,042, before extending its rise by 227 points, or 0.87%, to settle at 26,165. This marks the index's fourth consecutive day of increases. The Hang Seng China Enterprises Index...

Oil Prices Rise, Markets Uneasy After Israeli Attack on Qatar

World oil prices rose again in Asian trading on Wednesday (September 10th) after an Israeli attack on Hamas leaders in Doha, Qatar, sparked concerns about escalating tensions in the Middle East. This attack pushed oil prices up by 2% on Tuesday...

Dollar Steadies Ahead of Inflation Data

The dollar index held around 97.8 on Wednesday after firming in the prior session, as investors awaited key inflation reports that could influence the Federal Reserve's policy stance. The producer price index is due later today, followed by the...

POPULAR NEWS
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week
Tuesday, 9 September 2025 04:05 WIB

The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...

Russian Forces Attack Power Plant In Kyiv Region, Ukraine's Energy Ministry Says
Monday, 8 September 2025 17:12 WIB

Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...

United States Stock Market Rise Ahead Inflation data
Tuesday, 9 September 2025 03:36 WIB

Wall Street kicked off the week with gains on Monday as investors positioned ahead of a data-heavy week that includes two key inflation reports...

European shares end higher amid all eyes on French no-confidence vote
Tuesday, 9 September 2025 01:52 WIB

European shares finished higher on Monday, while French stocks also rose as investors stayed calm in the run-up to a no-confidence vote later in the...