In this video I break down why the Australian Dollar is bullish because Iron Ore prices are rallying due to the war in Ukraine.
Iron Ore is Australia's key commodity export, therefore higher prices increases the demand for Australian Dollars.
Watch this video to learn how commodities have an impact on certain currencies in the Forex market.
Iron Ore is Australia's key commodity export, therefore higher prices increases the demand for Australian Dollars.
Watch this video to learn how commodities have an impact on certain currencies in the Forex market.
Kayan Kalipha
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Kayan Kalipha
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.