BHP 0.94% $45.06 bhp group limited

production report take aways, page-7

  1. 7,728 Posts.
    The US dollar spiked overnight, dropping commodity prices and BHP ADR's were brought back to $43 from the previous close $43.80 (in $AU value). That is down $US2.88, 3.55%, so a hefty fall.

    The 60-minute stochastic suggests a bounce in ADR's tonight, but if the Australian dollar also bounces that will limit the amount.

 
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