NWS 0.02% $42.71 news corporation..

how can the exchange rate work in our favour when the trend is...

  1. 51 Posts.
    how can the exchange rate work in our favour when the trend is clearly a higher AUD? Some analysts are tipping AUD parity with the US - and that based on todays prices brings NSW down another $4 (and given the rate on AUD appreciation this could happen in the medium term). A break lower than $27 to me is significantly bearish for this stock. Please articulate your reasons for continuing to hold.
 
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