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AUD/USD gained 1.45% in the week to its close at 0.6550 after Australia's October consumer prices rose 3.8% year on year, above forecasts. Markets priced in a modest chance of an RBA rate hike and the Fed was widely expected to cut rates on December 10.
The Australian dollar and other risk currencies rallied.
A hot inflation print shifts rate expectations toward RBA hikes and a weaker US dollar, which supports the Australian dollar. The implication for feed grain and meal prices is minor.
ig.comTony SycamoreDec 1, 2025Not 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.
