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Westpac previews a busy week for the Australian dollar, which has been supported by a hawkish RBA after hotter-than-expected September CPI. The RBA meeting, US midterm elections and US nonfarm payrolls are all due this week, with AUD/USD held below its 50-day average near 0.7067.
Currency swings from rate decisions and US data shift the relative cost of Australian exports, which can affect export competitiveness and feed-related trade flows.
Not 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.