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MUFG analyst Lee Hardman says the Aussie slipped back below 0.7000 and tested its 200-day moving average near 0.7030 after the RBA's fourth hike to 4.60%. Governor Bullock's cautious remarks on whether policy is restrictive enough tempered expectations for further tightening.
This is currency commentary with no direct effect on feed grain or meal supply and demand; any price impact is indirect through the dollar.
octaafrica.netSep 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.
