Tuesday, 22 August 2023

USD/ZAR Forecast: Rand (ZAR) Firms as BRICS Summit Kicks Off

The Rand (ZAR) benefits with the BRICS summit under way. However, talks of de-dollarisation may be premature but there is a lot on the agenda for the Bloc with expansion plans the key focus.

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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...