Tag: USDZAR
Emerging Market Currencies Around 19.0000
USDIndex, Daily
The USDIndex has stabilised after correcting yesterday in the wake of US bank troubles that pulled global stock markets lower. Wednesday's post Powell...
Political Scandal Hits South African Rand
The South African Rand sees a sharp decline as the markets digest a damning report related to US currency stashed away in a sofa...
USDZAR : Breakout Rising Wedge
South Africa's GDP shrank -0.7% quarterly in the three months to June 2022, compared to market forecasts of a -0.8% decline, as the devastating...
USDZAR: Q1 GDP 2022 Adds to SARB Pressure
South Africa's better-than-expected Q1 2022 GDP data on Tuesday added to the pressure for higher interest rates and a 50bp hike from the SARB...
Outlook Q2 2022 – Emerging Markets
Mexico
In their latest meeting, the Central Bank of Mexico hiked rates for the 7th time in a row, to 6.5% - the highest level...
ZAR & MXN tank on war worries
The South African Rand against the US Dollar was still trading above 15,0000. The strengthening of the Rand has been going on since November...
