December 14, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

As suggested yesterday, the recent rally in the AU$US$ came to a halt, however the local currency has managed to hold on to its gains, despite better than expected US Retail Sales data.

There are no major econo...

December 14, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

Our forecast AU$US$ leg higher gathered pace yesterday and has carried on in the same fashion this morning. The move started with a less than negative speech by RBA Governor Lowe, which was then added to by we...

December 12, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

As forecast, the AU$US$ appears to have firmly rejected the lows we called last week and has traded 1% higher overnight, as commodity prices recover and outweighed a healthy US Producer Prices data release. Al...

December 11, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

The AU$US$ bounced off the support lows yesterday, as forecast, due to a lack of economic data and as we prepare for Thursdays expected US interest rate hike and local employment report.

Prior to that, however,...

December 11, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

The A$ starts the week 150 points lower than this time 7 days ago.

Several key local data releases and some upbeat positive US numbers contributed to the move. However, it was primarily the fall in commodity pr...

December 7, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

Yesterdays Trade Balance number, weaker commodity prices - Gold at 4 month lows - as well as a market preparing for an expected hike in US interest rates next week and the US$ bullishness over Trump's tax refo...

December 7, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

A weaker than expected drop in GDP data had the A$ held at recent lows, even though the local economy grew at a relatively strong +0.6% over the last quarter, as the market was happy to keep the exchange rate...

December 5, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

News that the Current Account Balance had shrunk and Retail Sales had grown stronger than economists forecasts had the A$US$ higher, but the move was held in check by a fall in copper prices and by Reserve Ban...

December 4, 2017

Finport Currency Brief - Courtesy of Compass Global Markets.

As forecast in earlier reports, the volatile price action has begun with a healthy spike in the A$ exchange rate across the board this morning.

News that the Current Account had shrunk and that Retail Sales had...

December 4, 2017

18ft Skiffs

NSW Championship, Race 2

Sunday, 3 December 2017

Sydney Harbour

The defending champion Smeg team of Lee Knapton, Mike McKensey and Ricky Bridge strengthened their grip on the 2017-2018 NSW 18ft Skiff Championship with their second win of the championship in Rac...

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