Prob just cooling off after its rally from 70c to 80c
Consolidated for a few months & then rally again
US dollar is only going to get weaker
A weaker dollar doesn't necessarily mean a weaker market
It will actually improve our exports if our dollar was cheaper
Between 2017 & 2019 our dollar dropped from 81c to 67c
Markets did the opposite & climbed
XJO from under 5700 to over 7000
But I do agree that markets look very weak at the moment & feel as though they want to go lower
However they always seem to bounce back each time
Heading to 12$, page-96
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $34.95M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.5¢ | 39.5¢ | $24.16K | 60.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1733 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 15651 | 3 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| MVP (ASX) Chart |