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I definitley agree with you that a lower AUD helps exporters...

  1. Berger978456
    678 Posts.
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    19/03/18
    10:23
    Post #: 31849492
    I definitley agree with you that a lower AUD helps exporters that's a 100% certainty. However I think any rise in interest in the U.S so far has not seen a fall in AUD. Commodities prices have been bolstering the AUD. It's also not surprising that this recent AUD weakness coincides with falling iron ore prices. View charts ironoreaud.png below:
    MGX Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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34.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $407.2M
Open High Low Volume
34.5¢ 35.0¢ 34.5¢ 10.89K

Buyers (Bids)

Vol. Price($)
63226 34.5¢
 

Sellers (Offers)

Price($) Vol.
35.0¢ 103385
Last trade - 10.43am 22/07/2026 (20 minute delay) ?
MGX (ASX) Chart
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