By Krishna K — Sep 14 - 09:50 PM
AUD/USD holds steady in Asia, supported by risk rally & buoyant commodities
China support measures boost risk sentiment; ASX 200 +1.6% as miners ra
PBOC keeps interest rates on maturing 1-yr MLF loans unchanged
Cuts 14-day reverse repo rate to 1.95% from 2.15%; follows RRR cut yesterday
Iron ore rallies to 2 -yr high, copper and other metals buoyant, support AUD
China Aug retail sales, industrial production, unemployment Fri key
Resistance 0.6460, 0.6480, support, 0.6420, 0.6400-05
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Source:
Refinitiv IFR Research/Market Commentary