Aussie softens below 0.7050 after RBA hikes to 18-year high: Nov 3, 2026
The Reserve Bank of Australia raised its cash rate to 4.85%, an 18-year high, in a split 6-3 vote as its inflation outlook worsened. Governor Bullock said this hike might not be enough. The Australian dollar softened below 0.7050 on risk-off mood, with US mid-term elections and China's manufacturing PMI data in focus.
Updated
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The day on the wire
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Each tick is a headline first seen that day.
Headlines (17)
First seen on November 3
- RBA set for fifth hike of 2026 to 4.85%: three views on what comes nextInvestingLive
- RBA interest rates live: Reserve Bank of Australia meeting today before cash rate decision and announcement – latest newsThe Guardian
- Statement by the Monetary Policy Board: Monetary Policy Decisionrba.gov.au
- RBA Hikes to 4.85% as Inflation Outlook Worsens, But 6–3 Vote Exposes Policy DivideActionForex
- RBA interest rates: Reserve Bank hikes cash rate for fifth time this year in blow to mortgage holdersThe Guardian
- Australian Dollar softens against Japanese Yen as RBA lifts rate to 4.85% in fifth hike this yearFXStreet
- investingLive Asia-Pacific market news: RBA hikes to 18-year highInvestingLive
- RBA governor Bullock says it might be that this rate hike might not be enoughInvestingLive
- Australia hikes interest rate to 18-year highaa.com.tr
- Market Quick Take - US mid-term elections today the focus - 3 November 2026home.saxo
Carried over from earlier days
- Australian Dollar softens below 0.7050 on risk-off mood, China's Manufacturing PMI data loomsFXStreet
- RBA and BoE Hikes Largely Priced — Can GBP/AUD Escape Its Six-Month Range?ActionForex
- ‘Sharper, longer slowdown’ predicted for economy as fifth interest rate hike loomsThe Guardian
- Australian Dollar loses ground with RBA decision, US midterm elections in focusFXStreet
- Economic and event calendar in Asia 03 November 2026 - RBA rate hike expectedInvestingLive
- Australian Dollar tests 0.7000 as RBA hike looms amid risk-off moodFXStreet
- RBA expected to raise interest rate to 4.85%FXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, November 3 | ||
| RBA Monetary Policy Statement | AUD | |
| Cash Rate | 4.85% | AUD |
| RBA Rate Statement | AUD | |
| RBA Press Conference | AUD | |
| JOLTS Job Openings | 7.15M | USD |
| Factory Orders m/m | 1.2% | USD |
| RCM/TIPP Economic Optimism | 46.2 | USD |
| Omdia Total Vehicle Sales | 15.8M | USD |