weaker compared to when? You mean overnight?
Simple answer is that the RBA rate hike was well flagged in advance, but the language of the accompanying statement suggested that they may now pause for a while before hiking again. As the market was already very very long aussie dollars, a selloff ensued as people who were primarily concerned with yield pickup got out of positions that may, for the time being, have brought as much benefit as they are likely to for now.
make sense? That's the one line answer...
