China PBoC Interest Rate Decision meets expectations (3%)

Canadian Dollar struggles near April 2025 lows vs bullish USD amid Iran uncertainty

The USD/CAD pair kicks off the new week on a positive note and trades near the 1.4170-1.4175 region during the Asian session, close to its highest level since April 2025, set last Friday.
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PBOC holds Loan Prime Rates steady in June: What 3.0% means for Australian Dollar

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively. 
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