iron ore futures are trading down by 5.4%, which is the biggest fall since November last year. The sell-off, also seen in other base metals such as copper, is weighing on the Australian Dollar, which continues to be offered outright ever since the beginning of trade in Asia.

iron ore futures are trading down by 5.4%, which is the biggest fall since November last year. The sell-off, also seen in other base metals such as copper, is weighing on the Australian Dollar, which continues to be offered outright ever since the beginning of trade in Asia.

(Market News Provided by FXstreet)

By FXOpen