Tuesday, 9 March 2021

USD/ZAR Outlook: Upbeat South African GDP Data Bolsters Rand

SA GDP data came in better than expected which played into technical patterns featuring on the weekly chart. Could this be the stimulus needed for a short-term correction?

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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...