Interesting correlation between strength of US dollar index and Lonmin share movement. It appears the strength of dollar gives more support to Lonmin than just price platinum futures. As rates are set to increase in US it would be interesting to see whether Lonmin will follow strength of dollar. I've gone for the punt here
Comentários
andmk2
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Good call.
andmk2
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Tough to call a bottom right now although it's far away from its moving averages and should pull back soon.