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Iron ORE

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A detailed collage of Euro and Dollar banknotes showcasing international currency exchange.
FORECASTSAUG 4, 2026
AUD/USD Stays Range-Bound as Iron Ore Slide Pressures Australian Dollar
AUD/USD was little changed around 0.7018 on Tuesday as iron ore futures fell to $92.85 and traders weighed commodity weakness against upcoming central bank and US labor-market catalysts. Technical traders are watching whether the pair can hold its recent ascending channel or break lower toward 0.6922.