1) in times of uncertainty money seeks safe havens, so the usd will rise against the aud
2) I think that the Fed will raise rates quickly, and the money flows to the highest rates, so the Aud will fall against the greenback as funds go back to the US
so while the copper price may fall short term, there is a likelihood that it may not fall in Aud terms. In the medium term every Govt will pump copper to the beat of Gretta's drum.
imho
1) in times of uncertainty money seeks safe havens, so the usd...
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