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
Judgment on the Fed's December Rate Cut and 2026 Monetary Policy Trend: Identifying Opportunities in the U.S. Stock Market1. IntroductionSince U.S. stocks pulled back from their late-October highs, they have staged a rebound after hitting a cyclical low in mid-to-late November. Currently, the S&P 500 has largely recouped
Author  TradingKey
12 hours ago
1. IntroductionSince U.S. stocks pulled back from their late-October highs, they have staged a rebound after hitting a cyclical low in mid-to-late November. Currently, the S&P 500 has largely recouped
placeholder
Gemini Deepens Ripple Ties with RLUSD Rollout as Derivatives Arm Secures CFTC NodGemini integrates Ripple's RLUSD on XRPL and secures a CFTC license for prediction markets, though XRP price struggles at $2.02 despite strong ETF inflows.
Author  Mitrade
13 hours ago
Gemini integrates Ripple's RLUSD on XRPL and secures a CFTC license for prediction markets, though XRP price struggles at $2.02 despite strong ETF inflows.
placeholder
Fed Cuts Rates: Bitcoin Rallies Then Retreats - Bear Market Ahead?TradingKey - Fed Rate Cut Fails to Buoy Bitcoin, Signaling Bull Market's End?Early on December 11,the Federal Reserve delivered an expected 25 basis point rate cut.Bitcoin (BTC) briefly surged to $94,
Author  TradingKey
14 hours ago
TradingKey - Fed Rate Cut Fails to Buoy Bitcoin, Signaling Bull Market's End?Early on December 11,the Federal Reserve delivered an expected 25 basis point rate cut.Bitcoin (BTC) briefly surged to $94,
placeholder
Gold Price Forecast: XAU/USD drifts higher above $4,200 as Fed delivers expected cutGold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday. The precious metal extends its upside after the US Federal Reserve (Fed) delivered an expected third consecutive interest rate cut and maintained its outlook for just one cut in 2026.
Author  FXStreet
20 hours ago
Gold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday. The precious metal extends its upside after the US Federal Reserve (Fed) delivered an expected third consecutive interest rate cut and maintained its outlook for just one cut in 2026.
placeholder
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?TradingKey - In 2025, gold prices steadily climbed, posting a stunning 56% gain; silver's rally was even more potent, surging over 100% year-to-date and breaching the $61 mark. Since November, copper
Author  TradingKey
Yesterday 10: 30
TradingKey - In 2025, gold prices steadily climbed, posting a stunning 56% gain; silver's rally was even more potent, surging over 100% year-to-date and breaching the $61 mark. Since November, copper
goTop
quote