Aussie $ falls as PBOC said to be allowing the yuan to devalue further

Talk of further PBOC devaluation hitting the AUD too 30 June

I reported the rumours here and we've seen AUD pairs fall as a result with AUDUSD down to 0.7371 in a rush from 0.7430. Currently finding fresh buyers with bids/support around 0.7360.

A few gaps to fill on any rally back into 0.7430-40 now

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access