Australian Dollar rises following surprise election win for Conservatives
- FX Market
- 7 months ago
The Australian dollar sprang higher in today’s opening as the country’s ruling Conservatives scored a surprise victory in elections over the weekend.
Following Scott Morrison’s Liberal-National coalition return to power, the AUD rose by as much as 1% against the USD to highs of $0.6938 at the open of markets, eventually the pair holding higher by 0.4%.
Source: Smart Trend Team