Compass Global Markets | Foreign Exchange

COMPASS GLOBAL MARKETS’ BLOG

Thursday 19th September 2019: As widely expected the U.S Fed, led by Jerome Powell, chose to cut rates yet again bringing the official federal funds rate back to 2.00%. Fed Chair Powell noted that the reason for the cut in interest rates was to support the growth that is already occurring in the U.S economy and to help offset some of the impacts of Trump’s trade war and accompanying investor uncertainty. In a few subtle jabs at Trump’s policies, Powell also noted that the slowing growth “in exports and business investment” locally was due almost entirely to Trump’s chosen trade policies.

TESTIMONIALS

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"
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”
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...
SJ – Individual

"I use Compass for fund transfers from Australia to NZ. They offer the best rates I could find, great personal service, and the trading system is easy to use. Highly recommended."
Anthony W. – Individual

I needed to transfer a large sum of money to America in Feb of this year and I didn’t want to pay all the transaction fees and commissions that you pay through the banks and money exchange. So I...
Joe P. - Individual

"Compass Markets in general, and Mark D'Alessandro in particular, were a pleasure to deal with. The team was consistently friendly, professional and efficient. I would not consider looking anywhere else for my FOREX needs! Cheers."
Aussie Diffs

I was referred to Scott Cavanough by a business associate in September 2014. We have been importing differential parts from America since 2008, I always transferred funds through the big banks. All I can say is I wish that...
Lariese Purely Organic

Our association with Compass Global Markets commenced 1st August 2013 and have had an excellent relation over the last three years of our association, without any complaints. At Lariese we import raw materials extensively and require currency exchanges in NZ$,...
Dale Thompson

Having been stitched up by the bank for year, I decided to give Patrick Downes and Compass Global Markets a try. In my experience I’ve found Compass to provide more competitive rates, they have no fees and have great...
Grace - Organisation

"Working with Patrick at Compass Global Markets for our foreign currency transactions is a pleasure. The service is expeditiously conducted. We have also benefited from savings compared to our bank foreign currency rates. As a not for profit it is...