The Aussie dollar is a little firmer over the week, with help from the RBA's steady hand and elevated commodity prices.
However, the huge risk from the US elections, with results due in Sydney trade Wednesday The AUD is likely to move sharply either way, but particularly if Trump wins, which could inflict considerable damage on the Aussie.
To see more videos on foreign exchange, check out the Westpac YouTube channel.
While Westpac produces a nice weekly Foreign Exchange News summary, the big banks or traditional currency traders are no longer they only or best solution for your currency transfer needs. New technology makes this now much easier and quicker.
Flash Payments, a cutting edge FinTech start-up based in Sydney Australia, is one the latest entries into the currency transfer business and is engineered from the ground up to deliver great foreign exchange rates and services, without any hidden fees.
Flash Payments is one of the first to use the innovative Ripple technology and XRP, Ripple's digital currency. Flash Payments delivers exceptional transparency, speed and transaction control to their customers.
Flash Payments enables users to track their currency transfer like a package from start to finish, so they know exactly what they are getting, without hidden fees.
Also, users can look at past exchange rates and choose the conversion rate they'd like. Users can even plan and automate their international money transfers.