Just heard AU$ dropping like a stone as NZ announces interest rate cuts. Apparently we are dropping in tandem with NZ$ because markets expect us to also cut soon.
Does that mean rio will go up short term? It had been falling as our $ rose. I think its worth exploring the rio Vs. AU$ relationship a bit more. Might be time to look at calls this arvo, if we get a fri selloff, for those that are short term players.
I think I'll just wait for the next signal to buy puts.I never go against the long term downtrend, but good luck for those who do.
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Just heard AU$ dropping like a stone as NZ announces interest...
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Last
$111.78 |
Change
1.370(1.24%) |
Mkt cap ! $41.58B |
Open | High | Low | Value | Volume |
$111.86 | $113.38 | $111.37 | $60.79M | 539.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 134 | $111.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$111.79 | 277 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 29 | 111.800 |
2 | 52 | 111.790 |
7 | 275 | 111.770 |
4 | 156 | 111.760 |
3 | 88 | 111.750 |
Price($) | Vol. | No. |
---|---|---|
111.810 | 17 | 2 |
111.830 | 68 | 4 |
111.840 | 37 | 2 |
111.850 | 56 | 3 |
111.860 | 83 | 4 |
Last trade - 13.41pm 13/09/2024 (20 minute delay) ? |
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