RAND ANALYSIS DXY tracks historical downtrend over Christmas. South African COVID-19 new cases decline. Commodities help bolster rand. Long-term channel sucks in USD/ZAR once more. ZAR FUNDAMENTAL BACKDROP The holiday period generally exhibits low volatility […]
WALL STREET, TECH STOCKS, GOLD, US DOLLAR, CRUDE OIL – TALKING POINTS: S&P 500 surges to record high in thin trade on hopes for strong holiday sales Gold prices up as inflation expectations rise, pulling […]
The US central bank announced a significant shift in its monetary policy stance to end 2021, but the ultimate impact of the more hawkish bearing seemed to barely register for the Dollar and risk assets […]
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