The US dollar index regained ground to about 104.40 on tariff fears and risk-off sentiment. AUD/USD fell to around 0.6230, a four-week low.
Markets awaited the RBA decision, expected to keep its cash rate at 4.10%, along with US and euro-area data.
A stronger dollar and tariff-driven risk aversion put downward pressure on the AUD and tend to weigh on dollar-priced commodity demand from Australia-linked markets.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.