MARKET UPDATE 21-Mar-18

Thank you

Let’s have a look at what’s making headlines in the markets today.

Our Fiji dollar weakened against the US currency this morning.

The traders are looking forward to the new quarterly forecasts from Federal Reserve officials this afternoon.

New Zealand’s Price Index was released by Global Dairy Trade last night at -1.2% versus the previous -0.6%. Both Australia and New Zealand currencies weakened against Fiji dollar this morning

Tonight we will be expecting to hear major announcements on US Interest rate decisions, US economic projections, the new Federal Reserve chief’s speech and the New Zealand Interest rate decision.

We will wait and see how the market reacts to these releases.

And that’s all for now…..Thank you.

FX Rates 21.03.18

 

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