Converting USD to AUS now at $1.14, start of the month it was $1.04
My maths may be wrong but ...
at the start of the month copper was at US$3.80 and now at US$3.30.
Converting to AUS copper was approx A$4.00 and now approx A$3.75. A smaller decline.
Compare this to January when OXR was at $3.50 (pre OZL and market maybe a little more bullish), Copper was US$3.20 and USDAUD was also approx $1.14
Way too many numbers I know, but food for thought.
Please correct me if I'm wrong is anyway as I need/want to learn.
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