From a NZ perspective, NZ currency has fallen from 87us to 77us in 2 months and from 94aud to 89aud in same time period. A falling currency always helps exports. AUD and NZD will continue to fall against USD. Rising inflation out of US will possible push commodities up in the longer term. watch for that.SO... from BHP perspective.... look for rising US inflation and further depreciation in AUD down to the 80c US mark. Double positive in a unfavourable commodities market..... buy time!!
BHP on the way down to 20 dollars, page-8
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Last
$38.81 |
Change
0.150(0.39%) |
Mkt cap ! $196.1B | |||
| Open | High | Low | Value | Volume |
| $38.75 | $38.84 | $38.71 | $15.91M | 410.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3213 | $38.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.81 | 858 | 6 |
View Market Depth
| Last trade - 10.06am 11/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |