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The Australian dollar pulled back from a three-year high to near 0.7000 as the US dollar recovered some ground. Australia's producer price index was steady at 3.5% year on year in Q4 2025, and markets priced a more than 70% chance of a 25-basis-point RBA hike at the next meeting.
Expectations of RBA tightening still support the Aussie, so the pullback is likely limited. The currency move affects the relative cost of Australian grain and meal for US-dollar buyers.
fxstreet.comGhiles GuezoutJan 30, 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.
