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AUD/USD fell 0.30% on Friday to about 0.7170 after touching its highest level since mid-May at 0.7206. Fed Chair Warsh said price stability remains the priority and that the Fed still has work to do on inflation.
Markets lifted the odds of a September Fed hike to about 60%.
A hawkish Fed backs the US dollar, which tends to weigh on dollar-priced grain and oilseed export values. Markets will watch US jobs data for confirmation.
fxstreet.comGhiles GuezoutAug 28, 2026After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
