Australian Dollar Capped by Falling Iron Ore Demand Ahead of Inflation Data

BY admin admin

The notable drop-off in Chinese iron ore demand appears to have notably weighed on the Australian Dollar in recent days as attention turns to the upcoming Q4 inflation release.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

USDJPY Losing Momentum

<p>The US dollar is starting to lose upside momentum against the Japanese yen currency after the pair found strong resistance from the 109.00 level. A sustained loss of the 108.90 level could se

Forex

From besting Tetris AI to epic speedruns – inside gaming’s most thrilling feats

<p><strong>By <a href="https://theconversation.com/profiles/james-dawes-1270659">James Dawes</a>, <em><a href="https://theconversation.com/institutions/

Forex

Euro Ahead of Euro Area GDP, FOMC Minutes: EUR/USD, EUR/AUD, EUR/GBP Price Setups

EUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). What is the outlook for EUR/USD, EUR/GBP, and EUR/

Copyright © 2024 | WordPress Theme: Xews Lite