The AUD in November AUD/USD returned to ‘normal’ levels of monthly volatility in November.
Essential Asia: On the Rebound
A macro strategist’s view on Asian economies and markets
- Soft domestic macro performances compounded by the rebound in USD restrained regional FX appreciation.
- China and RBA cut rates further, extending their accommodative policy stances, while Korea kept rates unchanged.
- It is not yet time for reflation trades.
For full analysis, download report: Essential Asia: On the Rebound (PDF, 612 KB)