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What China's Reduced Iron Ore Import Demand Means For The AUD

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Despite the generally recovering Iron Ore Spot prices, a recent 6% slip is revitalising fears for the metal's future. While this relatively small dip may not be a huge worry at present, prevailing market trends paint a grim picture for Australia's chief export. Moreover, the country's close relationship with China[​IMG]

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