Compass Global Markets' Blog

CGM Weekly FX Video Update - 27th June 2017

Posted by Thomas Su on June 27, 2017 at 12:34 PM



This week's focus is on inflation readings in US, Europe & Japan. Weak US economic data & doubts re US health care bill passing the Senate sees market pricing another US rate hike in Sep fall from 50% to 40%. A$ has strengthened 0.5% & remains in 0.7530 - 0.7630 US range & firm against the crosses - EUR, GBP, JPY, CNY & HKD.



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