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The Reserve Bank of Australia held its cash rate steady while warning about risks from the trade war. Swaps implied about a 60% chance of a rate cut at the May meeting.
A rate cut expectation weighs on the Australian dollar and reflects a weaker growth outlook from trade tensions. Feed buyers see this mainly through currency effects on Australian-origin supply.
reuters.comStella Qiu, Wayne ColeApr 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.
