Australian dollar recoupled to iron ore

The SMH blog has a chart today showing a recent re-coupling of the Australian dollar and iron ore price:

PC_wide_27Feb-AUD-v-iron-ore-price-620x349

I noted yesterday that there has been a de-coupling of iron ore equities from the price and the renewed flexibility in the currency will be a factor. It is only mitigating, however, not curing, with the recent de-coupling still unusual in the past twelve months when the currency began to fall:

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One Response to “ “Australian dollar recoupled to iron ore”

  1. fibtop1272 says:

    honestly can’t see much of recoupling……