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The Australian dollar extended gains for a fourth session after October CPI rose 3.8% year on year, beating the 3.6% consensus. The RBA is expected to hold its cash rate at 3.6% in December, and futures implied only about a 6% chance of a cut.
Expectations of a Fed cut in December also weighed on the US dollar index.
Rate expectations are driving currency moves rather than any change in agricultural supply or demand. Feed buyers should see this as minor background for Australian export pricing.
fxstreet.comAkhtar FaruquiNov 26, 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.
