XJO
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0.10% 7,767.5 s&p/asx 200

"The index XJO is going down at the same time Australian dollar...

  1. ClarkKent
    9,938 Posts.
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    07/09/23
    21:07
    Post #: 69777031
    "The index XJO is going down at the same time Australian dollar , it is double whammy"

    Indeed it is.
    But its kind of normal, there is more than a loose correlation between AUD and XJO
    All else equal, low AUD (high USD) ----> lower XJO, lower SP500
    12 month AUD v XJO chart below:


    https://hotcopper.com.au/data/attachments/5569/5569157-8d1faeb6c3b11377d0b86d29d6208366.jpg



    Conversely, SP500 likes low USD



    XJO Value at posting: 7,171.0
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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7,767.5 		Change
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7,759.6 7,819.0 7,754.9
XJO (ASX) Chart
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