FMG 5.04% $17.50 fortescue ltd

Iron Ore Price, page-504

  1. 13,783 Posts.
    AUD falling is all about falling % rates worldwide and a rising USD .. its not about the IO direction ...

    its about Interest rates directions...compared to the USD rates.

    i expect to see 60c AUD in 2016 ... and IO hold $50+ = $90 au ton
    Last edited by gonegassed: 20/07/15
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