Australian Dollar Iron Ore Prices Causing AUD to Strengthen
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
