Friday, 6 August 2021

SA Rand Forecast: USD/ZAR Spikes After Finance Minister Reshuffle, NFP Next

USD/ZAR shot up briefly last night as President Ramaphosa announced a cabinet minister reshuffle. NFP data set to add to the recent volatility in the pair

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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...