Presented by: Tan Chung Han @hanctan
Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore
The Reserve Bank of Australia is set to make its monetary policy decision on December 5, with markets anticipating the central bank’s forward guidance. Besides an overview of what’s driving major currencies, such as the US dollar, euro, and the pound, Stephen also explains why he sees the Korean won as a proxy to regional currencies, and what’s supporting the ringgit.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.