The Aussie dollar has stabilised somewhat over the past 24 hours with the Aussie trading at near identical levels to this time yesterday morning. The only exception to that is Aussie/Kiwi which is up around 1%. Equities and commodities also performed quite well overnight. The strongest performer being the French CAC (up nearly 1.5%) as a result perhaps of optimism that the left leaning Macron will win the French Presidential Elections held this weekend. U.K retail sales are the only major data release tonight.
DATA RELEASES TODAY:
GBP – Retail Sales at 6.30pm
AUD EXCHANGE RATES:
AUD/USD – 0.7469
AUD/GBP – 0.5820
AUD/EUR – 0.6966
AUD/NZD – 1.0705
AUD/JPY – 81.736
***Above rates are indicative wholesale rates and intended as a guide only***
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Patrick Downes
Senior Corporate FX Dealer
Compass Markets
Phone Patrick – 0431 278 632
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