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AUD/NZD fell for a second day after the RBA raised its cash rate to 4.85%, its fifth hike this year. The RBA said inflation would stay above 3% over the coming year and would not return to the target band until late 2027.
New Zealand building permits fell 7.9% in September.
Persistent Australian inflation and rate hikes weaken the AUD against peers, a currency move with limited direct impact on feed ingredient prices.
fxstreet.comAkhtar FaruquiNov 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.
