CER
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0.00% 32.0¢ centro retail group

dollar tipped to top 80 cents, page-13

  1. scrabble1
    5,764 Posts.
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    13/05/09
    11:34
    Post #: 5129694
    CT

    Correct. Good ol' Macro. Yep if more countries are buying our metals, it means more AUD being taken out of the money market by countries wishing to purchase our metals. Less supply of AUD in money market, means value of AUD goes up!

    Cheers
    CER Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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