Either the $AUD is correct AND Iron Ore Spot will rise.
OR
Iron Ore is in a new lower range and the $AUD will fall.
One or the other will move over the next few weeks!
Obviously, the $USD is the other side and all the US domestic economic factors are biased for it to rise.
I think Iron Ore Spot below $100 will get everyone's attention around the world now and they will look at the $AUD and SELL IT!
$aud and ironore, both can not be right?
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Last
$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |