# Australian Dollar: Dovish RBA hike yet year-end 0.7100 target – ING

> ING reports the Australian dollar fell after the RBA hiked to 4.85% with dovish signals, including a 6-3 vote and a revised weaker outlook. ING expects no further hikes but still targets AUD/USD at 0.7100 by year-end.

- Date: 2026-11-03 · published 2026-11-04T00:13:33.039Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/78615-australian-dollar-dovish-rba-hike-yet-year-end-0-7100-target-ing
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

ING's view is that the AUD's carry advantage should limit downside, so the currency's effect on Australian commodity export prices is likely to be modest. This is a bank forecast, not a new market driver.

## Read by commodity

- AUDUSD: neutral

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-dovish-rba-hike-yet-year-end-07100-target-ing-202611031326

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