Iron ore price, page-33

Rcman, a March rate rise doesn't scare investors, it's how many rate rise after the March rate rise that concerns people.

Last 2 times when Fed increased the rate by 0.25%, USD actually fallen after because traders know there most likely won't be another rate rise for another few months. Back in Dec 2015, after the Fed rate rise, USD gradually dropped to their year low in May 2016. Again in Dec 2016, USD dropped after to their multi month low in early February.

The recent economy data from US are very bullish, and it may prompt Fed to increase rate multiple times this year. If this is the case, then USD will remain high throughout the year, otherwise you'll see traders take profit and USD will go up and down. So really it depends on if Fed is hawkish or dovish in their speech this week.

DYOR.

Frank.