By Ewen Chew — Apr 17 - 07:50 PM
AUD/USD creeps up to 0.7399 from Fri close 0.7390
Still inside Bollinger downtrend channel for now
Mon close above 0.7433 needed to shed bearish bias
China's c.bank cut banks' reserve ratio 25bps nL4N2SP01V
Moderate broad-based easing was strong hinted at last week
But China kept key MLF interest rate unchanged nL2N2WD01L
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Source:
Refinitiv IFR Research/Market Commentary