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Chinese Stimulus

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A collection of different international currency notes, including US Dollar, Euro, and Brazilian Real, on a white background.
FORECASTS1 HOUR AGO
AUD/USD Holds Near Yearly High as China Stimulus Meets US Inflation Risk
AUD/USD is trading near its highest level since May 14 after China unveiled a new stimulus plan and traders turned toward key US inflation data. The pair’s uptrend remains intact, but a rising wedge pattern has technical traders watching for a possible bearish reversal.