FMG 0.35% $25.66 fortescue ltd

short term bounce to perhaps $17.5 then a steady decline into...

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    short term bounce to perhaps $17.5 then a steady decline into FY22 as the USD strengthens with the prospect of rising interest rates due to inflation.

    the narrative for now doesn't change. all depends on the fed. If Jerome gives his green light to let the printing press continue and maintain that "transitionary" stance in the context of inflation, then we have an everything rally into year end.
 
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