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
$17.46 |
Change
-0.035(0.20%) |
Mkt cap ! $54.80B | |||
| Open | High | Low | Value | Volume |
| $17.56 | $17.84 | $17.43 | $72.01M | 4.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 12799 | $17.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.46 | 1748 | 19 |
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| Last trade - 12.26pm 18/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |