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The Reserve Bank of Australia raised its official cash rate by 25 basis points to 4.85%, as widely expected. The Australian dollar fell about 0.25% against the US dollar to near 0.6975 after the decision, and the RBA signalled inflation could stay above 3% into 2027.
Higher Australian rates support the AUD in the near term, but the weaker AUD and tighter financial conditions weigh on Australian activity and demand for imported inputs. For feed buyers the effect on grain and meal prices is indirect and small.
fxstreet.comSagar DuaNov 3, 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.
