AUD 0.00% 1.5235 australian dollar

wishy washy choppy sloppy, page-25

  1. 1,534 Posts.
    Frankie

    Your most welcome to give reccomendations on stuff, your advice seems sound and anyone looking at FMG's chart can see it's in a downward spiral, I cannot see how someone could defend the current price. It started off a paper co. and it wind back to one unless FMG has enough in cash reserves to keep itself going for another 2years at least before the iron ore market demand picks backup.

    I dont follow stocks too much as they are more volatile than currency really, especially lately.

    I think we will see the USD pickup some momentum next week. I cannot see how the Aus Reserve will bolster the AUD as exports are dropping and half the mines in OZ look like closing down.
 
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