AUD/USD: the price of iron ore has increased

Forex analytics: Amid growing prices of iron ore last weekend and the rise in oil price since opening of the trading session on Monday, the pair AUD/USD has grown today. The rise took place despite a statement of the member of ARB John Edwards that the Australian dollar was overvalued. Edwards believe that the exchange rate would reach the level of 0.6500 against the current price in the pair AUD/USD above the ...