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The dollar eased after benign US data reinforced expectations of a December Fed rate cut, with markets pricing an 84% chance of a 25-basis-point move. The New Zealand dollar jumped after the RBNZ cut rates as expected but signalled a more hawkish path.
The Australian dollar traded near $0.6478 after a brief rise on stronger-than-forecast inflation.
Dollar weakness on Fed cut bets can modestly support USD-priced commodities, but this story is about rate expectations rather than a change in grain or feed fundamentals. The price effect for feed buyers is small.
investing.comNov 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.
