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AUD/USD rose for a fourth straight session to around 0.6500 after Australia's first complete monthly CPI showed headline inflation at 3.8% year on year in October, above the 3.6% forecast. Markets raised bets on a Fed rate cut as softer US data and dovish Fed comments weighed on the dollar.
Stronger Australian inflation reduces the chance of RBA easing, which supports the AUD and modestly lifts Australian export prices in USD terms. The effect on feed commodity prices is small.
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.