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AUD/USD hit a 2025 high of 0.6564 the prior Thursday, helped by the Israel-Iran ceasefire and reports that Trump would name a Fed chair successor early. Momentum faded afterward, and Trump's halt of Canada trade talks limited gains.
A weaker US dollar tends to support dollar-denominated grain and meal prices, while the AUD move itself has limited direct effect on feed supply or demand.
westpaciq.com.auKaitlyn Buhariwalla, Richard FranulovichJun 29, 2025After 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.
