Compass Global Markets' Blog

CGM Weekly FX Update - 2nd May 2017

Posted by Thomas Su on May 2, 2017 at 1:09 PM


US$ to fall further this week on soft US Q1 GDP growth. Fed to leave US interest rates unchanged on Thursday. We expect A$ to firm towards 76 US cents this week on short covering. RBA to leave interest rates unchanged as CPI remains soft. French presidential election on Sunday. 





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