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The Australian dollar was on track to be the second-worst major currency in October. Traders were positioning ahead of the US election and the RBA rate decision due the following Tuesday.
Westpac's Bill Evans said the RBA's open-ended bond purchase plan could disappoint markets and lift yields.
Currency volatility around the RBA decision and US election can move commodity-linked currencies and the cost of Australian exports. The article gives no firm price driver beyond expectations.
poundsterlinglive.comJames SkinnerOct 30, 2020Not 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.
