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AUD/USD defends 0.7000, braces for RBA inaction, PBOC’s RRR cut amid firmer yields

FXStreet.com
 2021-12-06

Cover picture for the articleAUD/USD consolidates recent losses around yearly low, pauses five-week downtrend. Yields improve, S&P 500 Futures rise amid hopes of further easy money, Omicron cure. China’s Premier promised RRR cut, RBA can cite softer inflation, coronavirus woes to maintain status-quo. Second-tier Aussie data came in positive for November, Australia Treasurer...

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