# Business Research & Insights

> NAB reports the AUD/USD pair fell 5.2% in November 2021 from 0.7518 to 0.7127, its lowest since November 2020. The decline followed a strong US CPI surprise, Fed signals of faster tapering, and the RBA abandoning its yield curve control policy.

- Date: 2021-12-01 · published 2021-12-01T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/43852-business-research-and-insights
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A stronger USD and weaker AUD lower Australian export prices in USD terms, which can ease feed grain costs for importers, though the market impact is modest.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- business.nab.com.au: https://business.nab.com.au/the-aud-in-november-2021-50308/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.