Monday, 2 August 2021

USD/ZAR Outlook: Strong Open For South African Rand Ahead of U.S. PMI

The rand is attempting to regain its title as the leading Emerging Market (EM) currency against the dollar YTD but with upcoming key economic data, can ZAR bulls hold on?

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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...