Created
: 2025.08.15
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
China warns Western companies against stockpiling rare earths -- FT
World FX news
Breaking news
China warns Western companies against stockpiling rare earths -- FT
New
2025.08.15 13:01
2025.08.15 13:01
2025.08.15 13:01
China is warning foreign companies against stockpiling rare earths or risk even greater shortages, the Financial Times reported on Friday. This statement came after Beijing tightly controls supplies of the metals vital to electric vehicles and other civilian and defence sectors.
The other person familiar with the matter said Chinese authorities were deliberately limiting export of the materials to prevent foreign stockpiling.
Market reaction
At the time of writing, the AUD/USD pair is trading 0.11% higher on the day to trade at 0.6502.
Australian Dollar FAQs
One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the price of its biggest export, Iron Ore. The health of the Chinese economy, its largest trading partner, is a factor, as well as inflation in Australia, its growth rate and Trade Balance. Market sentiment - whether investors are taking on more risky assets (risk-on) or seeking safe-havens (risk-off) - is also a factor, with risk-on positive for AUD.
The Reserve Bank of Australia (RBA) influences the Australian Dollar (AUD) by setting the level of interest rates that Australian banks can lend to each other. This influences the level of interest rates in the economy as a whole. The main goal of the RBA is to maintain a stable inflation rate of 2-3% by adjusting interest rates up or down. Relatively high interest rates compared to other major central banks support the AUD, and the opposite for relatively low. The RBA can also use quantitative easing and tightening to influence credit conditions, with the former AUD-negative and the latter AUD-positive.
China is Australia's largest trading partner so the health of the Chinese economy is a major influence on the value of the Australian Dollar (AUD). When the Chinese economy is doing well it purchases more raw materials, goods and services from Australia, lifting demand for the AUD, and pushing up its value. The opposite is the case when the Chinese economy is not growing as fast as expected. Positive or negative surprises in Chinese growth data, therefore, often have a direct impact on the Australian Dollar and its pairs.
Iron Ore is Australia's largest export, accounting for $118 billion a year according to data from 2021, with China as its primary destination. The price of Iron Ore, therefore, can be a driver of the Australian Dollar. Generally, if the price of Iron Ore rises, AUD also goes up, as aggregate demand for the currency increases. The opposite is the case if the price of Iron Ore falls. Higher Iron Ore prices also tend to result in a greater likelihood of a positive Trade Balance for Australia, which is also positive of the AUD.
The Trade Balance, which is the difference between what a country earns from its exports versus what it pays for its imports, is another factor that can influence the value of the Australian Dollar. If Australia produces highly sought after exports, then its currency will gain in value purely from the surplus demand created from foreign buyers seeking to purchase its exports versus what it spends to purchase imports. Therefore, a positive net Trade Balance strengthens the AUD, with the opposite effect if the Trade Balance is negative.
Last updated
: 2025.08.15
Related articles
EUR/GBP edges higher above 0.8600, eyes on Trump and Putin meeting
7 minutes agoUS Retail Sales are expected to increase further in July, ahead of tariff hikes
13 minutes agoGBP/JPY Price Forecast: Continues to face selling pressure around 200.00
51 minutes agoGBP/USD strengthens to near 1.3550 as US Retail Sales data looms
2025.08.15 13:56India Gold price today: Gold rises, according to FXStreet data
2025.08.15 13:41USD/CHF clings to gains near 0.8070 as hot US PPI supports US Dollar
2025.08.15 13:38
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/GBP edges higher above 0.8600, eyes on Trump and Putin meeting
The EUR/GBP cross gains traction to around 0.8610 during the early European session on Friday. The Euro (EUR) strengthens against the Pound Sterling (GBP) amid hopes that Russia will end the war in Ukraine.
New
2025.08.15 15:05Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $62.94 per barrel, down from Thursday's close at $63.08.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.30 after its previous daily close at $66.42.
New
2025.08.15 15:04US Retail Sales are expected to increase further in July, ahead of tariff hikes
The United States Census Bureau will publish the country's Retail Sales report on Friday. Market analysts anticipate a 0.5% monthly growth in the headline Retail Sales in July, following a slightly higher increase in June, suggesting that consumption stayed strong.
New
2025.08.15 15:00GBP/JPY Price Forecast: Continues to face selling pressure around 200.00
The GBP/JPY pair slides 0.3% to near 199.30 during the Asian trading session on Friday. The cross faces a sharp selling pressure as the Japanese Yen (JPY) has strengthened, following the release of the surprisingly upbeat preliminary Q2 Japan's Gross Domestic Product (GDP) data.
New
2025.08.15 14:21WTI holds losses below $63.00 ahead of Trump-Putin peace talks
West Texas Intermediate (WTI) Oil price loses ground after registering more than 1.5% gains in the previous session, trading around $62.90 per barrel during the Asian hours on Friday.
New
2025.08.15 14:16GBP/USD strengthens to near 1.3550 as US Retail Sales data looms
The GBP/USD pair gathers to around 1.3545 during the early European session on Friday, bolstered by a weaker US Dollar (USD). Additionally, the stronger-than-expected UK economic data underpins the Pound Sterling (GBP) against the Greenback.
New
2025.08.15 13:56India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
New
2025.08.15 13:41USD/CHF clings to gains near 0.8070 as hot US PPI supports US Dollar
The USD/CHF pair trades firmly near Thursday's high around 0.8070 during the Asian trading session on Friday.
New
2025.08.15 13:38AUD/JPY falls toward 95.50 as Japan's economy expands in Q2
AUD/JPY extends its losses for the second successive session, trading around 95.60 during the Asian hours on Friday. The currency cross depreciates as the Japanese Yen (JPY) advances following stronger-than-expected Japanese Gross Domestic Product (GDP) data for the second quarter.
New
2025.08.15 13:37Silver Price Forecast: XAG/USD flat lines around $38.00 as traders seem non-committed
Silver (XAG/USD) attracts some dip-buying during the Asian session on Friday and stalls the previous day's retracement slide from the $38.70-$38.75 area, or a three-week high. The white metal climbs back above the $38.00 mark in the last hour, though it lacks bullish conviction.
New
2025.08.15 13:26Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
