Thursday, 18 November 2021

Rand Breaking News: SARB Rate Hike Favors Currency Protection Over Economic Growth

The SARB expectedly raised interest rates to 3.75% from 3.5% previously although the MPC were split on the decision. Rand depreciation seems like the primary influence for the hike. Markets shrug o...

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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...