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The Australian dollar extended losses to a sixth consecutive session ahead of the Fed decision and Australia's Q2 inflation data. Markets expected below-target inflation that could prompt a third RBA cut this year.
Chinese economic data was also due.
Expectations of RBA easing and softer Chinese data weigh on the Aussie, which can influence Australian export pricing for grains and meat.
poundsterlinglive.comJames SkinnerJul 30, 2019Not 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.
