INSIGHTS: Australian Boom or Bust

With CPI out today and expected to continue to rebound from 3.4% last month to 3.6% this month (should be out shortly after this article is published) the Aussie Dollar appears to be struggling against most other currencies at 65.4 AUD/USD and 60.3 AUD/EUR. But why then with these hot CPI numbers – outstripping its overseas peers (US 3.1% and Europe 2.8%) is the Aussie Dollar performing so badly? Look no further than the EV battery mineral markets in 2023 and the potential Iron ore glut of 2025 – what’s going on in this market and what could it mean for the struggling Aussie dollar?

Read the full news post here.