Friday, 2 July 2021

Post NFP Rand Price Setups: USD/ZAR, GBP/ZAR and EUR/ZAR

ZAR gained against a basket of majors (USD, GBP, EUR) after mixed NFP data revealed a higher unemployment rate despite adding more jobs

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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...