How do you think the weak dollar will impact XJO? Recently XJO and DJIA closely correlated however let’s say the AUD is at 80 or higher - will this cushion the blow of what is happening in the US?
commodities plus gold silver will drastically increase under a weak dollar but this may be offset by lower consumption which means less demand for raw materials - i need to think this thru a bit more
Wed, 23 July - Credit, page-62
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Last
8,036.5 |
Change
-21.400(0.27%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,057.9 | 8,070.4 | 8,026.2 |
| XJO (ASX) Chart |