In two weeks the Aud could be .60 usd and inflation heading towards 12%. The RBA needs to raise rates the next day after the US to keep our foreign exchange stable.
A neccessary rise of 1% will likely cause a market correction up to 10% or more. RMS could fall to 40 cents within 3 weeks which I find amazing.
A financial advisor who was linked to AMP became edgy with me a couple of months ago. He said, if you convert to cash you cant recover your loss. Financial advisors and fund mangers drown investments as the market enters a correction or crash similar to 2008. This is maintaining market sentiment to some extent, lack of action..
The level of funds under management leads me to belive market sentiment is a lot worst but the effect is delayed because the market has not converted to cash.
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In two weeks the Aud could be .60 usd and inflation heading...
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Last
$2.07 |
Change
0.035(1.72%) |
Mkt cap ! $2.364B |
Open | High | Low | Value | Volume |
$2.04 | $2.08 | $2.04 | $3.285M | 1.596M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 126942 | $2.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.07 | 150350 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
67 | 120106 | 2.060 |
27 | 93698 | 2.050 |
18 | 105119 | 2.040 |
12 | 40874 | 2.030 |
7 | 43385 | 2.020 |
Price($) | Vol. | No. |
---|---|---|
2.070 | 150309 | 42 |
2.080 | 159845 | 29 |
2.090 | 153544 | 32 |
2.100 | 373523 | 26 |
2.110 | 79460 | 13 |
Last trade - 13.43pm 15/08/2024 (20 minute delay) ? |
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