# Australian Dollar Limps into November and a Key RBA Decision

> 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.

- Date: 2020-10-30 · published 2020-10-30T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/50905-australian-dollar-limps-into-november-and-a-key-rba-decision
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

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.

## Read by commodity

- AUDUSD: neutral

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/aud/14470-australian-dollar-rally-seen-surviving-rba-and-u-s-election-volatility-next-week

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.