The US Dollar (USD) is unable to provide an answer against the surpris fixing from the PBoC in the Yuan this morning and just now the disappointing US Durable G
Iron ore futures have risen sharply due to improved steel plant profitability, positive demand forecasts in China, and warnings from the Chinese government against hoarding.
The Australian Dollar may be vulnerable as a combination of rising Covid cases around the world, Fedspeak about tapering asset purchases and falling iron ore prices weigh on AUD/USD.