FMG 1.32% $19.47 fortescue ltd

Either the $AUD is correct AND Iron Ore Spot will rise.ORIron...

  1. 169 Posts.
    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!
 
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