CGM Weekly FX Video Update – 29th August 2017

 

Risk-off theme continues with YEN, EUR, Swiss Franc, government bonds & gold strengthening after North Korea launched a missile test over Japanese airspace this morning. AUD/USD fell 0.8% overnight & remains near 79 US cents.The US Fed remains dovish regarding future interest rate hikes whilst the US Congress needs to raise the debt ceiling by 29 Sep or risk a government shutdown. 

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

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