Compass Global Markets | Foreign Exchange

COMPASS GLOBAL MARKETS’ BLOG

2nd March 2015

AUD/USD: The Australian Dollar was held in a tight 55 point range as we closed last week, but a pick-up in sentiment and commodities ensured the currency closed at the top of the day’s price action. The weekend’s developments saw the Chinese Governments manufacturing data improve and the PBoC eased monetary policy to give the economy a much needed boost. There is no data of note today and with tomorrows RBA meeting we can’t see too much movement happening until then. The markets consensus is for another interest rate cut tomorrow so importers with end of month bills still to pay should give us a call. Exporters get your target orders ready.

TESTIMONIALS

Alex Perry - Fashion Designer

"2013 saw the Alex Perry brand grow exponentially globally. With 40 new stockists around the world, foreign exchange became paramount. The level of service from Compass Global Markets is exceptional, covering spot, forwards and option pricing for risk management....
Ava L. - Individual

"Compass Markets consistently provides the best rate for my currency transactions. Their staff are always quick to reply & provide excellent customer service. I would look no further for my future transactions. Cheers"
Dianne Maher - North Vic Engines

"North Vic Engines has been dealing with Patrick Downes of Compass Global Markets and have always found him to be helpful and efficient. Patrick has always done his best to make all of our foreign exchanges as painless as...
Matt Bonnici - Individual

“My business has been using Patrick Downes and Compass Global Markets for the past few months and they've been able to offer really great rates, service and a simple to use website for transfers”
Nathan Chan - Foundr Magazine

"Patrick is an extremely knowledgeable FX Dealer and I highly recommend him. Not only did he help Foundr save hundreds of dollar from using Compass Global Markets but he also has a great understanding of FX and advises me...
Damien D. – Individual

"Mark D’Alessandro and his team provide an excellent currency exchange and transfer system at rates that are markedly more competitive than the banks and other service providers. The personal attention and prompt responses make dealing with Compass a reassuring and...
James D. – Individual

"We have not used FX exchange before and were a little apprehensive, however Mark’s customer service was excellent. He ran us through the process in detail, kept us updated on current rates and was extremely efficient. I would highly...
Gerry J. - Individual

"I was very pleased with the prompt and helpful service I got in transferring cash to the USA. The good rate of exchange obtained together with the ease of transfer made me very happy with the transaction"
Jon M. – Business

"I had never used a foreign currency exchange service for my business before other than the banks. I found Compass Markets on a search engine browse and used the online chat facility to question Mark D’Alessandro. He was responsive...
SJ – Individual

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