MARKET UPDATE 29-Aug-18

The US dollar was range-bound last night after touching a four-week low. Marginal uptick in the greenback came in as the US consumer confidence index printed higher than expected, rising to the highest level since October 2000.

We have Aussie homes data in Asian opening and then markets will focus on the US GDP figures for the 2nd quarter, and their core personal consumption expenditure. It is expected to provide some directional information to the Traders.

So let’s see how this will impact our Fiji dollar in the morning.

FX Rates 29.08.18

 

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