RIO 0.83% $94.41 rio tinto limited

au$ falling, will rio rise?

  1. 1,368 Posts.
    Just heard AU$ dropping like a stone as NZ announces interest rate cuts. Apparently we are dropping in tandem with NZ$ because markets expect us to also cut soon.

    Does that mean rio will go up short term? It had been falling as our $ rose. I think its worth exploring the rio Vs. AU$ relationship a bit more. Might be time to look at calls this arvo, if we get a fri selloff, for those that are short term players.
    I think I'll just wait for the next signal to buy puts.I never go against the long term downtrend, but good luck for those who do.
 
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Last
$94.41
Change
-0.790(0.83%)
Mkt cap ! $35.04B
Open High Low Value Volume
$94.59 $95.11 $93.79 $85.59M 907.5K

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No. Vol. Price($)
1 1000 $94.35
 

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Price($) Vol. No.
$94.41 4630 1
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Last trade - 16.10pm 20/11/2019 (20 minute delay) ?
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$94.31
  Change
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$94.60 $95.09 $93.79 125884
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