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The RBA raised its cash rate 25 basis points to 4.85%, its fifth hike of 2026, in a 6-3 split vote. Australian home values fell 1.2% in October, extending a seven-month decline, while the currency initially rose above US$0.70 before reversing.
Higher Australian rates and a weakening housing market can slow domestic demand, affecting the outlook for the Australian dollar and Australian commodity export currency dynamics.
fxempire.comCarolane De PalmasNov 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.
