Copper soaring Takes AUDUSD higher

in #investing • 7 years ago (edited)

https://gyazo.com/b2497545d70a2b579390adc3121c875e

Copper soaring Takes AUDUSD higher. Australia is one of the largest producers of copper and benefits from rising copper prices. Copper is used in pipes, wires, and other infrastructure. Demand for copper indicates a robust and thriving world economy.
Copper is referred to by traders as "Dr. Copper" because of its strong correlation with global growth.

Courtesy of www.myforexheatmap.com

#copper #australiandollar #audusd #dollar
7 years ago in #investing by
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