FMG 1.20% $21.41 fortescue ltd

I would say it's already priced in. It's also my opinion that...

  1. 428 Posts.
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    I would say it's already priced in. It's also my opinion that the US rate hike isn't the main reason for the sell off here. Remember the US dollar has been rallying with the IO price recently so there's something else going on in the commodity space. With support broken I wouldn't bet on a rally but it could certainly happen.
 
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