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The Australian dollar traded near US$0.6571 after touching a weekly high of US$0.6617 on Wednesday. Q3 CPI rose 1.3% quarter-on-quarter and annual inflation reached 3.2%, prompting markets to expect the RBA to hold rates longer.
Expectations of a steady RBA firm the AUD, which can make Australian grain offers less competitive against US and Black Sea supplies in export markets.
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.