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Falling AUD, page-2

  1. Berger978456
    678 Posts.
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    19/03/18
    09:37
    Post #: 31847563
    True, but you'd have to think that AUD and Iron Ore are correlated given how much of our economy is built on Iron Ore.

    Which means if iron ore prices drop so to does the AUD and vice versa. Working in forex I certainly seem correlation when iron ore prices move higher usually the AUD is supported.
    MGX Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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33.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $389.5M
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Last trade - 16.10pm 17/07/2026 (20 minute delay) ?
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