The bearish iron-ore price forecasts s something to watch out for the aussie traders, implying likely weakness in the Australian dollar going forward.

The ferrous metal is Australia’s top export product.

AUD/USD was last seen trading at two-month lows of 0.7056, down 0.19% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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