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The Australian dollar traded at US$0.7007 after Democrats won control of both chambers of Congress in the midterms. The RBA raised its cash rate by 25 basis points to 4.85% effective November 4.
The RBA rate rise and a weaker dollar shift currency costs for Australian importers of feed ingredients. The effect on grain and meal prices is limited.
econotimes.comAdrian ValeNov 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.
