AUD/USD Surges Back as China Plans Economic Stimulus
The AUD/USD pair has rebounded to near 0.6040 in the Monday European session, bouncing back from a five-year low of 0.5930 reached earlier in the day. This rebound comes as China considers implementing monetary stimulus aimed at stabilizing its economy against recent tariffs announced by President Trump. The Australian dollar has strengthened in response to Chinaโs potential actions, signaling a renewed optimism for investors trading this pair. Analysts suggest that continued monitoring of China’s economic strategies will be crucial for prospective movements in the AUD/USD market as investors react to evolving scenarios.