Loading…
The Australian dollar fell after a weak March employment report showed only 4,900 jobs added, well below expectations, and US Treasury yields climbed above 2.90%. Metals including aluminum rose on Trump tariffs and Russia sanctions, partly offsetting the currency decline.
Higher US yields and a weak Australian labour market support the dollar, while rising metals prices signal firm Australian export receipts, leaving the feed impact limited.
forexcrunch.comYohay ElamApr 20, 2018After 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.
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.
