Hi all,
I can understand that wor is a favourite for the shorters atm, due to rising aud, but has anyone seen the wild intraday fluctuations?
Appreciate that economic news comes out in dribs and drabs over the course of a trading day, but but seems to me that something else or someone is pushing and therefore benefiting from these large intraday changes.
Also, last news was that profit could be impacted by 10% if aud stays at this rate, yet sp has dropped over 20%. Sounds oversold to me, or obviously the pundits think aud will appreciate further.
Any thoughts??
Joey
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2 | 1484 | 14.600 |
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Price($) | Vol. | No. |
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