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AUD/USD swung sharply on February 14 after US CPI data, falling nearly a cent before recovering to 0.7885 and closing near 79 cents. Equity markets also reversed sharply, with the Dow swinging about 500 points intraday.
Volatile FX and equity swings driven by US inflation data reflect macro risk sentiment; the Australian dollar move has limited direct effect on feed grain prices.
ofx.comThursdayFeb 14, 2018Not 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.
