OZM
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5.00% 3.8¢ ozaurum resources limited

I'm no expert but I think the AUD's strength is a result of...

  1. Paul88
    642 Posts.
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    28/09/24
    19:24
    Post #: 75887455
    I'm no expert but I think the AUD's strength is a result of 'interest rate parity' playing out. In other words, the AUD strengthened because the RBA didn't cut rates the other day (after the Fed did). Once the RBA starts cutting, and the Fed doesn't, the AUD gold price should play catch up.
    OZM Price at posting: 3.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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