Iron Ore, Copper Sold Agressively

Iron Ore, Copper Sold Agressively

9 May 2016, 04:26
Roberto Jacobs
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Iron Ore, Copper Sold Agressively

Iron Ore has seen its sharpest fall in months today, currently -4.8% to 391, while copper is following suit, declining in a very strong fashion towards 2.12.

Despite the aggressive fall in metals, the Australian Dollar remains fairly muted, exchanging hands circa 0.7380 against the US Dollar, with the higher that trades the more of an opportunity it may represent to sell it at value areas should intrinsic value continue to decrease.


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