AUD
Audacy, Inc.
stock NYSE

Yeah, but not always, Currently I think ERU/CAD, AUD/CAD or EUR/GBP are better suited for ranges.

Got rekt by GBP/AUD dammit

AUD/USD rocket shipping! In other news I’m broke due to FX rates

You want a pair that moves 30-50 pips/day at least regardless if it’s an Asian session or London or NY. Not too fast moving and not too slow and the slippage is minimal. AUD/USD. Master that pair.

For sure, with such a small enterprise value, there's upside if they can carve costs in a big way. But they need to demonstrate a firmer trend down.
We know that Ngungaju, Mt Marion, Kathleen Valley and Bald Hill are all coming in between US$800-1000/t AISC.
NAL at least needs to compete with the top end of that range.
Ideally, Elevra would offload all their product in North America to substantially reduce transport costs, but until those supply chains are established, we can expect \~AU$200 in shipping & sustaining costs in the medium term.
Assuming they stabilise at last quarter's 5.3% spod grade, Elevra needs the following **AUD** **FOB** costs (1.52:1 AUD:USD):
* AU$1150/t (= US$1k/t AISC)
* AU$1008/t (= US$900/t AISC)
* AU$874/t (= US$800/t AISC)
Adjusted for currency changes, last quarter was $1262/t.
So the first goal is a near term 9% reduction in FOB costs to get them on par with Bald Hill, with a view to achieving AU$1k/t.

You have been provided with data on USD/JPY, EUR/USD and AUD/USD and their crosses - spot, 1m, 3m and 1y forward points, ATM volatility, 25 delta and 10 delta risk reversals and butterflies for the last 5 years. Please come up with a trading strategy involving one or more pairs based on the historical data. Please state clearly your assumptions regarding bid-ask and AUM/risk capital and signals used for entry and/or exit and any other assumptions used. Optimise for maximum Sharpe with peak to trough return drawdown of less than 10%. Please share your code and spreadsheet and results. Please analyse the trading strategy's Greeks and risks.

Could you confirm please that the average price of ribeye in Australia around 7$/lb equivalent to $23.15 AUD/kg?

My personal reason is the FDA meeting on Tuesday will provide regulatory clarity on the rest of their phase 3 trial for the AUD drug. They have also recently cleared issues with nasdaq listing. I looked at the chart and see a reversal in process. I think leading up to the meeting will provide buys and if positive outcome a big increase in investment. Just my personal reasons dyor