Australian Dollar Fails to Keep Rally Caused by Election Surprise

May 21,2019 09:26   Source:Earnforex
The Australian dollar opened sharply higher on Monday after the unexpected outcome of the election held over the weekend. But analysts were unconvinced by the rally, and indeed the Aussie has trimmed its gains by now, losing them outright against many rivals. While not all the votes have been counted yet, it seems that the conservative coalition led by Australian Prime Minister Scott Morrison won the Australian federal election. Furthermore, […]

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