China’s President Xi: We must be fully prepared to achieve next year's economic targets

Source Fxstreet

China’s President Xi Jinping said on Monday, “we must be fully prepared to achieve next year's economic targets.”

Additional comments

We must affirm the confidence to win while doing next year's economic work.

Must maintain strategic focus and actively create an external environment that is favourable.

Current development faces many uncertainties and challenges, must be given high attention.

Market reaction

AUD/USD has caught a fresh bid wave on China’s stimulus optimism, rising 0.60% on the day to trade near 0.6430. The pair hit the lowest level in four months at 0.6373 on Friday.

Australian Dollar PRICE Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Japanese Yen.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.10% -0.14% 0.36% 0.00% -0.62% -0.05% 0.13%
EUR -0.10%   -0.22% 0.38% -0.00% -0.62% -0.06% 0.11%
GBP 0.14% 0.22%   0.44% 0.22% -0.40% 0.17% 0.34%
JPY -0.36% -0.38% -0.44%   -0.39% -0.90% -0.54% -0.16%
CAD -0.01% 0.00% -0.22% 0.39%   -0.58% -0.06% 0.12%
AUD 0.62% 0.62% 0.40% 0.90% 0.58%   0.56% 0.74%
NZD 0.05% 0.06% -0.17% 0.54% 0.06% -0.56%   0.16%
CHF -0.13% -0.11% -0.34% 0.16% -0.12% -0.74% -0.16%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Falls Below $90K: BitMine & Bitwise Executives Predict Market Bottom This Week​Bitcoin's recent drop below $90,000 may signal a market bottom, according to industry leaders.
Author  Mitrade
Yesterday 05: 54
​Bitcoin's recent drop below $90,000 may signal a market bottom, according to industry leaders.
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP Look for a Foothold After a Sharp ShakeoutBitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
Author  Mitrade
Yesterday 06: 52
Bitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
placeholder
Gold Price Forecast: XAU/USD edges higher above $4,100 ahead of delayed US September NFP reportGold price (XAU/USD) attracts some buyers to around $4,110 during the early Asian session on Thursday. The precious metal gains momentum amid the cautious mood and uncertainty over the US economy. Traders will closely monitor the US September Nonfarm Payrolls (NFP) later on Thursday. 
Author  FXStreet
7 hours ago
Gold price (XAU/USD) attracts some buyers to around $4,110 during the early Asian session on Thursday. The precious metal gains momentum amid the cautious mood and uncertainty over the US economy. Traders will closely monitor the US September Nonfarm Payrolls (NFP) later on Thursday. 
placeholder
Even As Bitcoin's Price Falls, Michael Saylor Feels 'Indestructible'The price of Bitcoin dipped below $89,000, setting a new weekly low as corporate buyer Strategy remains bullish.
Author  Mitrade
5 hours ago
The price of Bitcoin dipped below $89,000, setting a new weekly low as corporate buyer Strategy remains bullish.
placeholder
Could XRP Really Catch Ethereum? Analysts Revisit the Question as ETF Tailwinds BuildAs US spot XRP ETFs roll out and issuers like Canary Capital and Franklin Templeton step in, analysts say XRP’s market cap could climb on growing utility and ETF accumulation—but overtaking Ethereum’s $373 billion smart-contract powerhouse remains a long-shot, at least for now.
Author  Mitrade
5 hours ago
As US spot XRP ETFs roll out and issuers like Canary Capital and Franklin Templeton step in, analysts say XRP’s market cap could climb on growing utility and ETF accumulation—but overtaking Ethereum’s $373 billion smart-contract powerhouse remains a long-shot, at least for now.
goTop
quote