What are the fundamentals for the US dollar? US financials? US property? I fail to appreciate how you could choose long the dollar over commodities in turbulent financial times such as these. More bad news to come stay tuned.
There only so much black box accounting on can do before folks start to catch on. Look at Babcock and Brown's profit downgrade yesterday. A good example on just how fanciful some of these investment banks are regarding earnings. Meanwhile BNB reassured the market profit was in line with forecast. A record they ressured the market in June.
The rise in financials of late is a suckers rally. I will be staying well away.
commodities boom differing views, page-2
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |