The Australian Dollar (AUD) maintained its strength against the US Dollar (USD) on Monday, following the People's Bank of China's (PBOC) decision to keep its Loan Prime Rates (LPRs) steady. The one-year LPR remains at 3.00%, while the five-year LPR is unchanged at 3.50%. This move suggests stability in China's monetary policy, positively impacting AUD trading sentiment.
As a result, the AUD/USD exchange rate showed resilience, reflecting trader confidence amidst ongoing market fluctuations. The PBOC's decision is likely to bolster the Australian Dollar in the near term, as it signals a cautious approach by China, which is pivotal for Australian exports. Investors will be closely monitoring how this development influences future currency movements in the broader forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 03:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.