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The Australian and New Zealand dollars rose toward 2025 highs as the US dollar fell to multi-year lows over concerns about Fed independence. Westpac now expects an RBA rate cut in July after soft inflation data.
A broadly weaker US dollar tends to lift dollar-quoted commodity prices, while the expected RBA easing is a currency story with limited direct effect on feed markets.
tradingview.comJun 26, 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.
