By Rob Howard — Nov 05 - 03:30 AM
AUD/USD rises to 0.6618 following RBA's relatively hawkish hold
0.6618 is half-a-pip shy of Monday's one-week peak (scaled on Iowa poll)
AUD also benefits from iron ore's climb to two-week peak nL1N3MC07Y
Iron ore is Australia's biggest export earner (China services PMI up to 52)
AUD/USD might jump towards 0.68 if Harris wins US presidential election
0.68 was most recently threatened on Oct 14 (0.6793 was high that day)
Source:
Refinitiv IFR Research/Market Commentary