Either the $AUD is correct AND Iron Ore Spot will rise.
OR
Iron Ore is in a new lower range and the $AUD will fall.
One or the other will move over the next few weeks!
Obviously, the $USD is the other side and all the US domestic economic factors are biased for it to rise.
I think Iron Ore Spot below $100 will get everyone's attention around the world now and they will look at the $AUD and SELL IT!
$aud and ironore, both can not be right?
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Last
$21.26 |
Change
-0.450(2.07%) |
Mkt cap ! $65.45B | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.02 | $145.2M | 6.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9760 | $21.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.27 | 7866 | 4 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |