The Australian Dollar gained as traders bid up stocks on Wall Street. Evergrande woes are being brushed aside despite reports that Beijing asked localities to prepare for its downfall.
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AUD/USD fell overnight as traders failed to buy Wall Street’s dip on Tuesday. Investors are eying Chinese markets and the PBOC to gauge Evergrande risks. The Bank of Japan rate decision is on deck.
The AUD/USD and NZD/USD pivoted higher after China’s Evergrande Group announced a deal with creditors to repay onshore bond interest due September 23. Eyes are on the Fed next.