I thought those figures looked a bit off, Google's currency data is wrong.
I will delete the post above and repost below:
----------------
The SVB crisis has resulted in a monumental change in interest rate expectations and a large injection of liquidity by the Fed.... similar to the post COVID playbook, technology stocks and the S&P 500 both ended the week impressively higher. The point here is, the SVB crisis may have actually saved the market and the economy by preventing further interest rate increases, and if that's the case, it could really open the door for increases in resource prices as growth expectations swing from negative to positive. Anyway, not a good open expected on Monday, a fair chunk of it is due to a recovery in the AUD:
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