AUD is going to face a big correction as demands in US T bonds are driving up short term rates that coupled with higher USD.
I'm bearish on AUD that's why I choose EVN. The volume today was fantastic driving from 2m to 7m and the price was almost recouped any loses as It was a good indication of higher demands.
It’s no worry at all to me as I see a spike in the US repo market which shows a looming crisis.
EVN Charts, page-29
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Last
$3.87 |
Change
0.110(2.93%) |
Mkt cap ! $7.685B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.90 | $3.80 | $34.54M | 8.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 182060 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 22974 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |