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The Australian dollar slipped about 0.5% after the Reserve Bank of Australia raised the cash rate by 25 basis points to 4.85% in a 6-3 split vote. The removal of explicit language about further hikes led markets to expect a pause.
Narrower interest-rate differentials weaken the Aussie, which can make Australian grain and meal exports slightly more competitive. The effect on feed prices is small.
news.com.auNov 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.
