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The Reserve Bank of Australia raised its cash rate 25 basis points to 4.60%, its fourth hike of 2026. The Aussie fell below 0.7000 after Governor Bullock's press conference revealed board members had debated holding rates due to housing risks.
A stronger rate path supports the Australian dollar, but its weakness here reflects dovish signals, so the effect on feed commodity prices is minimal.
fxstreet.comFXStreet Insights TeamSep 29, 2026Not enough comparable past events yet for a historical read.
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.
