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AUD/USD has moved barely 0.1% over the last three sessions, showing no clear direction. Traders were waiting for Australia's inflation release and the Federal Reserve's rate decision.
The article says a directional bias may emerge once those results are known.
Currency range trading with no clear trend means little direct price pressure on commodities. The outcome of the inflation and Fed releases could set the dollar direction that affects dollar-denominated feed prices.
Not 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.