AUD/USD struggle to extend the first weekly gain in seven as it stays pressured around 0.6450 during the early hours of Monday’s Asian session. The pa
China stimulus, hopes of more wages in Australia help Aussie buyers to remain optimistic.RBA, Australia Q2 GDP and US USM Services PMI will provide fresh impulse, US holiday may restrict immediate moves.
Elsewhere, China President Xi Jinping showed readiness for more collaboration with the international players of the services industry. On a different page, China's central bank, namely the People's Bank of China , announced a heavy cut to its foreign exchange reserve requirement ratio to 4% from 6.0% effective from September 15.
Malaysia Latest News, Malaysia Headlines
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