# Australian Dollar holds post-RBA losses, hovers near two-week low

> The RBA lifted its cash rate by 25 basis points to 4.85%, the highest since November 2008, in a 6-3 vote with three members preferring to hold. The AUD/USD pair traded near 0.6975-0.6980 and extended losses for a second day. The RBA now expects inflation to return to the 2-3% target only in late 2027 and unemployment to rise toward 5.1% by late 2028.

- Date: 2026-11-03 · published 2026-11-03T06:09:00.854Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/77078-australian-dollar-holds-post-rba-losses-hovers-near-two-week-low
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A split vote and a weaker growth outlook reduce the currency's support, which makes Australian export prices in USD more competitive. The effect on feed commodity prices is limited.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-sticks-to-post-rba-losses-struggles-near-two-week-low-despite-weak-usd-202611030546

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