Australian Dollar gains ground amid rising metals prices, PBoC keeps LPRs unchanged
The Australian Dollar appreciates despite a cautious mood ahead of President-elect Donald Trump’s inauguration on Monday. The PBoC maintained its one- and five-year Loan Prime Rates at 3.10% and 3.60%, respectively. Traders adopt caution amid uncertainty surrounding Trump’s policy pledges, including imposing tariffs, extending tax cuts, and deporting illegal immigrants. The Australian Dollar (AUD) halts … Read more