Published: 2025-10-01T04:58:26.000Z
AUD/USD flows: Dragged by confusing BHP Ban
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Conflicting reports on China banning iron ore purchase from BHP dragged the Aussie
On Tuesday, we are seeing conflicting reports on China's ban of BHP iron ore. China Mineral Resources Group was reported to instruct related parties to halt purchase from the Australian BHP, one of the biggest mining company globally, which is later denied by Mysteel. However, the uncertainty is enough to keep a lid on the Aussie.
AUD/USD is trading 0.17% lower at 0.6602 with a session low at 0.6589.