# Australian Dollar Sits Near 70 U.S. Cents as the RBA Is Expected to Lift Its Cash Rate to 4.85% on Tuesday - iShook Finance

> The Australian dollar ended October near $0.703 as a Reuters poll shows 30 of 32 economists expect the RBA to lift its cash rate to 4.85% on November 3. Markets price about 88% odds of the hike, which would be a second straight increase.

- Date: 2026-11-01 · published 2026-11-02T03:10:01.067Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/74696-australian-dollar-sits-near-70-u-s-cents-as-the-rba-is-expected-to-lift-its
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A widely expected hike is mostly priced in, so currency moves depend on guidance; the story has little direct effect on feed commodity prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- ishookfinance.com: https://ishookfinance.com/australian-dollar-rba-rate-decision-november-3-expected-hike-4-85-percent-bank-of-england-week-ahead-nov-1-2026

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