Marty Moses
The AWEX EMI added 11c at auction sales this week to close at 1320c.
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According to Moses and Son principal, Marty Moses, the market was aided by a weakening currency conversion with the USD falling over 1c to $0.7501USD by Wednesday’s opening before closing at $0.7535USD on Thursday, with the EMI in USD closing at 996usc -1usc.
New business emerged for post-Christmas contracts trading at new highs of 1370c-1,80c for May delivery 2017.