Normal
CSL makes USD prfit, if RBA lower rates -> AUD should fall vs USD ..aka USD should rise;As a consequence, profits of CSL in AUD should be higher tonight than yesterday: CSL should rise.That is economic logic..but share market and economics...I looked:today CSL up 2.14%..make economic sense
CSL makes USD prfit, if RBA lower rates -> AUD should fall vs USD ..aka USD should rise;
As a consequence, profits of CSL in AUD should be higher tonight than yesterday: CSL should rise.
That is economic logic..but share market and economics...
I looked:
today CSL up 2.14%..make economic sense
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