
The Australian dollar rose above 78 US cents for the first time since June 2015 after a weaker-than-expected US consumer price index. Markets became less confident that the Federal Reserve would raise rates again this year.
The move was also supported by expectations that the RBA could tighten policy.
Expectations of slower Fed tightening weaken the US dollar, which supports dollar-priced commodities and changes the relative cost of imported feed ingredients for Australian buyers.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.