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USD/ZAR sees mixed CPI data for January

Deceleration in Headline CPI continues for third consecutive month SARB wary given the core came higher at 5.8% USD/ZAR bull reversal extends above 11.70 after cloud rebound 50-DMA held Tuesday action and supports at 11.…

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USD/ZAR sees mixed CPI data for January
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  • Deceleration in Headline CPI continues for third consecutive month

  • SARB wary given the core came higher at 5.8%

  • USD/ZAR bull reversal extends above 11.70 after cloud rebound

  • 50-DMA held Tuesday action and supports at 11.5860 today

 

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