Market Update – 20th May 2019 – AUD & Equities Buoyant Following Morrison Win

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only.

The AUD looks in better shape this morning following a Liberal party come from behind win and generally more optimistic investor sentiment over the weekend. The AUD, while near 3 year lows vs. the Greenback, does look a bit healthier this morning having climbed around around half a percent in early trade. Equity markets also appear buoyant thanks to surging U.S stock futures – local equities are to open 1% higher.

No economic data out today and not a great deal out later in the week.


AUD/USD – 0.6870

AUD/GBP – 0.5394

AUD/EUR – 0.6151

AUD/NZD – 1.0536

AUD/JPY – 75.705


All Ords (XAO) – 6,460

Gold – A$1,851/oz

Silver –  A$20.92/oz

WTI – US$63.53/barrel


No data today

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Patrick Downes

Senior Corporate FX Dealer

Phone Patrick – 0431 278 632 



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