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The euro barely changed on Tuesday, trading at $1.1193 in the afternoon, roughly unchanged from the morning. The ECB reference rate was $1.1179, and the euro had recently recovered from a low of $1.1105, its lowest since May 2025.
The Australian dollar lost ground after the Reserve Bank of Australia raised its key rate to 4.85% from 4.60%, a move the market had expected.
A weaker euro against the dollar makes US-priced feed ingredients and commodities relatively cheaper for euro-area buyers, while a firmer Australian dollar would change the economics for Australian exporters. Currency moves of this size have limited direct impact on grain or meal prices.
au.marketscreener.comdpa-AFXNov 3, 2026Not enough comparable past events yet for a historical read.
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.
