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Exchange4free Global Forex Report (08/02/2017)

Exchange4free Global Forex Report (08/02/2017)
USD: Fed Reserve Bank President of Philadelphia Patrick Harker, suggested that there is a possibility of a rate hike in March if GDP keeps growing and the labour market continues strengthening (Last Friday, data released showed that jobs added to no...
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Global Forex Report (25/01/2017)

Global Forex Report (25/01/2017)
USD Trump has come in and inherits a USD that’s 14% stronger than when Barak Obama was sworn in as President. The USD has been on the rise since Trump won the election on speculation that Trump’s economic plans will push growth and inflation, prompti...
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USDZAR breaks above 13.00 triggering stops to New All Time High above 14.00

USDZAR breaks above 13.00 triggering stops to New All Time High above 14.00
The Rand has weakened to a new all time high versus the USD briefly touching USDZAR 14.07 in overnight trade as commodity prices plunged on the back of emerging market and China growth jitters. This move was exacerbated by large value stop-loss...
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Rand edges off 14-year low, China risks loom

Rand edges off 14-year low, China risks loom
Johannesburg - The rand recovered slightly early on Tuesday after touching a fresh 14-year low in the previous session as emerging markets wobble on concerns over China's economy. At 08:30 the rand edged 0.18% firmer to R12.5945/$, recovering from a...
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Global Forex Market Report - 16 April 2015

A choppy week in the currency markets as the Dollar looks set to gain on commodity currencies following poor Chinese export data and renewed interest in a 2015 US rate hike from the Fed. USDThe Dollar looks set to continue its gains against the Major...
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Global Forex Market Report - 25 March 2015

Volatility remains in the market as the Fed’s slightly dovish tone last week continues to reverberate in the markets, the forward guidance offered by the Fed continues to point towards a rate-hike before the end of the year but the size of which now ...
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