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AUD/USD traded near 0.7010 after rising 0.82% as the US dollar weakened after the Fed meeting and softer US growth data. Australian CPI slowed to 3.8% in June, below consensus, reducing expectations of an August RBA hike.
US Q2 GDP grew 1.5% annualized, below the 2.1% expected.
A softer dollar supports dollar-priced commodity demand, while lower RBA hike odds dampen Aussie strength. The effect on feed markets is modest.
mitrade.comFxstreetJul 30, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
