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The Australian dollar slipped 0.2% to $0.6508 after the RBA cut its cash rate to 3.1% signaling more easing ahead. Swaps implied about a 34% chance of a September follow-up cut, with two more cuts by early next year fully priced.
Expected further RBA easing tends to weaken the Australian dollar, but this is a rates-driven macro move with little direct effect on feed commodity prices.
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.