The AUD rose to its highest since November as reports said Trump may name a Fed chair successor as early as September or October. The US dollar index fell to fresh three-year lows, and the euro and pound also gained.
A weaker US dollar tends to support dollar-denominated commodity prices and US export competitiveness, though the move reflects Fed-policy speculation more than physical feed supply.
After 1,637 past bearish macro events, DXY 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.
After 388 past bullish macro events, EURUSD moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
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.