We have a long term buy set up for the AUD/USD.
In this video, we look at how Iron Ore is a key export for Australia and the effect the commodity price has on the AUD/USD exchange rate.
With China's economy expected to grow in 2021, an increase in Australia's key export to the world's second-largest economy should support a continuation of the bullish momentum in both Iron Ore prices and the AUD/USD exchange rate.
In this video, we look at how Iron Ore is a key export for Australia and the effect the commodity price has on the AUD/USD exchange rate.
With China's economy expected to grow in 2021, an increase in Australia's key export to the world's second-largest economy should support a continuation of the bullish momentum in both Iron Ore prices and the AUD/USD exchange rate.
Kayan Kalipha