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AUD/USD climbed to near 0.6530 on Thursday as the US dollar fell sharply, with DXY near 97.90. Traders increasingly expected a Federal Reserve rate cut in September and doubted the RBA would cut again next month.
A softer dollar tends to support dollar-denominated commodity prices, though this is a routine currency move without a new supply or demand shock.
fxstreet.comSagar DuaAug 28, 2025Not enough comparable past events yet for a historical read.
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.
