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The Australian dollar was steady at about US70.2 cents in early trade as investors awaited the Reserve Bank of Australia's decision. Markets also weighed a looming election in New Zealand that is seen as a risk for the kiwi.
A stronger or weaker Aussie changes the cost of Australian grain, meal and other exports to buyers, but the move is small and mainly reflects rate expectations.
uk.marketscreener.comReutersNov 2, 2026
brecorder.comReutersNov 2, 2026Not 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.
