FMG 2.02% $25.70 fortescue ltd

its all about the AUD now .. how fast can it Fall to 80c or LESS...

  1. 13,783 Posts.
    its all about the AUD now .. how fast can it Fall to 80c or LESS ?

    RBA .. xmas Rate Cuts are coming ..or
    no one gets Presents this year..store sales will collapse into 2015.

    then the RBA will be a seen as a DOG to GDP forecasts by its FEB meetings in 2015.

    if they don't tickle the economy and boost retail confidence by xmas with a rate cut..then watch for panic RBA cuts in FEB..as..

    the AUD may even rise ..while Japan lowers rates and prints extra cash..it will buy AUD.. carry trade.
 
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$25.70
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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