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The Australian dollar held its recent gains near 0.6970 against the US dollar in Asian hours after two days of losses. China's RatingDog services PMI eased to 50.8 in October from 51.6, while Australia's services PMI fell to a seven-month low of 48.5.
Weak Australian services activity and political and Iran-related uncertainty limit the currency's upside, which matters for Australian export competitiveness and the AUD-linked commodity complex. The effect on feed commodity prices is small.
markets.capitalNov 4, 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.
