CGM Weekly FX Video Update – 20th March 2018

 

US Dollar remains heavy on trade uncertainties. Market braces for a FED rate hike on Wednesday (95% priced in). Global growth concerns have commodity currencies weaker. AUDUSD broke below 78 cents and remains in the 76 – 78 cent range ahead of Australia’s jobs data for February (Thursday 11.30am SYD).

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

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