Friday, 9 October 2020

SA Rand Price Forecast: Bear Flag Hints at Continued ZAR Strength

The South African Rand has continued its recent gains vs a weaker dollar after breaking 16.5000. Bearish flag on the 4-hour chart supports a bearish outlook if validated

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...