aud tanking ... oil heading to 55

  1. yellowcake
    13,176 Posts.
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    22/10/08
    16:35
    Post #: 4416838
    Aussie dollar has dipped 4c in the last 24 hours. If oil is headed to test major support at US$55/barrel, market anticipates all commodities will keep falling. Still obviously lots of leverage unwinding to occur and bad debts/losses to cover.
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    lightbulb Created with Sketch.  Great analysis
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