CGM Weekly FX Video Update – 19th September 2017

 

RBA left official interest rates unchanged at record lows of 1.5%. Balancing strong jobs market & record household debt in a low inflation environment. A$ confined to 0.7930-0.8030 US range this week. Market awaits 2 key central bank meetings – Fed & BoJ (Thu). Yen has weakened on a probable snap election in Japan.

Call Compass Global Markets for all your International Payments and Receipts Options today on 1300 BEST FX.

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