Excavators move iron ore at the port in Port Hedland, Australia, in March 2019. Port Hedland is the nexus of Australia’s iron ore industry. Photo: Bloomberg
Excavators move iron ore at the port in Port Hedland, Australia, in March 2019. Port Hedland is the nexus of Australia’s iron ore industry. Photo: Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

How US, China Covid-19 recovery policies threaten the Australian dollar

  • The threat posed to the currency by the arrival of the Delta variant on Australia’s shores is compounded by policy developments in Beijing and Washington
  • Interest rate changes in the US and Chinese efforts to put the country’s recovery on a more sustainable footing could adversely affect Australia’s iron ore exports

Excavators move iron ore at the port in Port Hedland, Australia, in March 2019. Port Hedland is the nexus of Australia’s iron ore industry. Photo: Bloomberg
Excavators move iron ore at the port in Port Hedland, Australia, in March 2019. Port Hedland is the nexus of Australia’s iron ore industry. Photo: Bloomberg
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