aud risk trade, page-6

After the massive drop in AUD last month, this might feed into inflation figures causing a higher read for November/December. As a result there may be no rate cuts, which could surprise markets (to the upside of the AUD).

I'm sure medium term the AUD will drop, demand must fall off with US unemployment and Euro issues, just a matter of when this is reflected in China (and everyone panics, since overreacting seems to be the way to go these days..).