FMG 4.01% $19.73 fortescue ltd

Iron ore price, page-32724

  1. 3,636 Posts.
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    Assume you're shorting Aud not FMG?
    Maybe the Melb lock down might help push Aud lower.
    That would be very sexy for us all. But I'm no so sure you will win.

    Beyond another Jawbone by China, which I give about 3 -4 weeks ( or sooner H ) the data tells me IO will remain in the ATH zone for a while yet

    FMG just came off it's most productive month ever at the highest prices ever.

    inflationary pressures are going to be held back until the world is fully vaccinated imo and we all get a pay rise
 
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