Monday, 1 March 2021

South African Rand Outlook: USD/ZAR Timid Following Ratings Warning

USD/ZAR remains in the confines of a rectangle pattern which could be pushed for a breakout over the next few weeks as fundamental drivers begin to stack up.

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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...