AVB
Click for more information
0.00% 16.5¢ avanco resources limited

Has copper bottomed ?, page-14

  1. robbo24
    10,918 Posts.
    lightbulb Created with Sketch. 1750
    clock Created with Sketch.
    04/02/16
    08:42
    Post #: 16937095
    Consider for a moment the effect of a dovish Dudley could have had on the USD (see the DXY chart) and the seemingly inverse correlation between DXY and COPPER.

    Is the price rise in copper really to do with supply/demand or to do with movement in the USD?

    Something to consider - could be neither, could be both

    Edit: here's a link to the chart with a DXY comparison http://bigcharts.marketwatch.com/ad...sToggle=false&chartStyleToggle=false&state=15
    Last edited by robbo24: 04/02/16
    AVB Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
right-arrow Created with Sketch.
BC8 Black Cat Syndicate one pour away from being rerated as producer
right-arrow Created with Sketch.
ARU Arafura updates gas supply agreement with Mereenie JV for 16.4PJ supply to Nolans REE play
right-arrow Created with Sketch.
NVA Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
right-arrow Created with Sketch.
HRZ Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision
right-arrow Created with Sketch.
IDA Indiana Resources to win US$90M from Tanzania following international lawsuit
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.