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AUD to remain vulnerable to downside – OCBC

Analysts at OCBC suggest that the AUD may remain vulnerable to downside pressure in early 2019, given its role as a proxy to East Asia and Sino-US trade developments.

Key Quotes

“Skepticism on the structural basis rooted on the suspect global economic momentum.”

“May not garner positive traction from the RBA as well, with rate hike expectations remaining far beyond the horizon.”

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