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Add as a preferred source on GoogleThe USD-ZAR rally since mid-2014 has been driven more by USD strength than by idiosyncratic ZAR weakness. The dollar index, measured by DXY, started rising strongly since mid-2014 and was up 24% between 30 June 2014 and …
The USD-ZAR rally since mid-2014 has been driven more by USD strength than by idiosyncratic ZAR weakness. The dollar index, measured by DXY, started rising strongly since mid-2014 and was up 24% between 30 June 2014 and 12 March 2015.
The ZAR's total return against the USD is a loss of 9.03% over this period, compared to a loss of 22.3% for the euro (EUR) and a loss of 16.2% for the Japanese yen (JPY).
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
