The AUD is down, but so is the Loonie, and fogeddaboutit, the...

The AUD is down, but so is the Loonie, and fogeddaboutit, the Indonenesian rupiah. It's all relative, but those are the two other currencies I'd watch in the Zn, Sn CSD space. The third is, of course the ubiquitous, USD, and possibly the Chinese yuan for a fourth.

This basket is a better indicator for CSD profit/pricing than only using the AUD. Forex, though, isn't my forte, but I know enough that meaningful world markets are hinged to the USD moves, domestic currencies are in the margins, thusly important for profits when USD is repatriated.

OV