AUD USD Analysis: Rate differential overshadows iron ore rally - Londinium FX from usd aud rate Watch Video
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Description: Alejandro Zambrano, Chief Market Strategist at Londinium FX says the interest rate differential is of most importance when it comes to trading the AUD/USD pair than the action in the iron ore prices. nnHe takes note of the failure in AUD/USD pair around 0.77 levels despite uptick in the iron ore prices. nnZambrano’s Quant model suggests a pull back in the AUD/USD pair is likely. Meanwhile, EUR/AUD is seen recovering losses. nnWish to know how Quant models are built? Watch Zambrano explain and
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