AGO 0.00% 4.5¢ atlas iron limited

Ann: Change in substantial holding, page-116

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    Current fx Quoted on Reserve Bank site: $0.7059US
    Reported about an hour ago:
    "The Australian dollar has fallen to its lowest level in two-and-a-half years, as America's economy strengthens and its interest rates continue to rise.
    The dollar traded as low as 70.44 US cents, before recovering slightly to 70.6 cents (at 5:20pm AEST).
    Meanwhile, the price of Australia's key exports, iron ore ($US69) and thermal coal ($US113), have remained "relatively high" despite an escalating US-China trade war.
    ANZ senior economist Felicity Emmett believes this is a "good combination" for the local economy in the long-term due to increased demand for Australian exports".
    Do Your Own Research
 
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