# AUD/USD Holds Near 0.70 Dip as RBA Announces Policy Rate Today

> The Australian dollar traded around 0.7001 against the US dollar after finding support just below 0.70, following a dip in New York trading. The Reserve Bank of Australia is due to announce its decision today after a two-day board meeting, with markets expecting a rise in the cash rate from 4.60% to 4.85%.

- Date: 2026-11-03 · published 2026-11-03T00:42:53.265Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/76757-aud-usd-holds-near-0-70-dip-as-rba-announces-policy-rate-today
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A widely expected RBA hike would support the Australian dollar and tighten financial conditions, which can strengthen the currency and modestly weigh on dollar-denominated commodity prices such as feed grains.

## Read by commodity

- AUDUSD: neutral

## Sources

- traderswebfx.jp: https://www.traderswebfx.jp/news/article/1218624

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