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Risk appetite improves – Aussie recovers to 69 US cents

24 May, 2019

The Australian Dollar was muted once again during the Asian session yesterday trading in a tight 20-point range. Opening the morning at 0.6880 there was little movement following the release of local Flash Services and Manufacturing PMI readings for the month of May as output rose for the first time in four months...

Today's expected ranges:

AUD/USD: 0.6860 - 0.6950 ▲

AUD/NZD: 1.0500 - 1.0600 ▼

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