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AUD/USD fell 0.24% to around 0.7015 after touching a one-month high on Monday. Traders expected another Reserve Bank of Australia rate hike at its November meeting after hawkish remarks from Assistant Governor Sarah Hunter.
Australia's CPI release and the Fed decision were both due later in the week.
Expected RBA tightening supports the Aussie, while a firmer US dollar limits its gains. The currency direction matters for the dollar cost of Australian grain and meat exports.
fxstreet.comGhiles GuezoutOct 26, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
