The Australian Dollar (AUD) maintained its position against the US Dollar (USD) on Thursday, buoyed by a cautious market sentiment regarding the Reserve Bank of Australia's (RBA) future policy stance. This stability follows the People's Bank of China's (PBoC) decision to keep its Loan Prime Rates (LPRs) unchanged for November, providing a backdrop of consistency in the Asian markets.
As traders adjusted their positions in response to the PBoC's announcement, the AUD/USD exchange rate reflected a resilient performance, holding near key technical levels. This movement signifies a cautious optimism among investors, who are closely monitoring the RBA's upcoming assessments and their potential impact on the currency pair. The ongoing interplay between global economic indicators and local monetary policies continues to shape trading dynamics in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-11-20 06:28
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.