overview The month of September comes to an end today, with the Rand losing ground by a full R1 to the Dollar compared to the beginning of the month. The dollar strength has been boosted by a hawkish FED paired with aggressive tightening of monetary policy. U.S AND SA MARKETS The month of September comes
Category Archives: Uncategorized
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Week 33 – U.S Retail Sales Data And Fed Meeting Minutes Sends Dollar Soaring to a 1-Month High.
02
Sep
Sep
overview Core retail sales boosted the Dollar this week among with comments made by Fed officials. The data released this week boosted investors’ confidence in the Dollar and gave the greenback strength against its peers in the markets. U.S AND SA MARKETS The U.S released their core retail sales this week and resulted in a
Currency Insights, Forex News, Uncategorized
Week 31- The Dollar and Major Currencies Lose Ground Ahead Of U.S Jobs Data
05
Aug
Aug
overview The Dollar and major currencies lost strength against the Rand in the past 2 days after weak initial jobless claims was released in the U.S. Anticipation has risen on how the non-farm payrolls will perform later this afternoon and will determine how the markets will move in the coming week. u.s and s.a markets
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Week 30- The Fed Delivered another 75 basis point interest rate hike and sent the Dollar tumbling.
29
Jul
Jul
overview The Dollar has suffered big losses after The Fed raised interest rates by an expected 75 basis points and the U.S economy contracted for the second quarter all while a recession looms. U.S AND SA MARKETS It has been quite an eventful week for the U.S as they had their interest rate decision on
22
Jul
Jul
OVERVIEW 1 order of interest rate hikes all round coming up – From Central Banks EverywhereThe SARB and ECB delivered huge rate hikes at 75 basis points and 50 basis points respectively, owing to their fight against the red-hot inflation that continues to grow on the economic thermometer.The U.S Fed will have their turn to
15
Jul
Jul
overview The Dollar has been resilient in the markets this week as investors fled to the greenback as a safe-haven leading up to the Fed’s interest rate decision. U.S AND SA MARKETS The US Dollar proved strong in the developed markets this week. The Dollar gained significantly against a basket of currencies especially emerging markets.
08
Jul
Jul
The USD market has not had much economic data release this week. On Wednesday, the U.S had their JOLTs Job Openings, which measures job vacancies in the U.S. A reading that is stronger than forecasted is generally supportive for the USD, while a weaker than forecasted reading is generally negative for the USD. It was
Currency Insights, Forex News, Uncategorized
Week 24- U.S Fed Delivers Biggest Interest Rate Hike in 28 Years.
17
Jun
Jun
OVERVIEW The Federal Reserve Bank of America raised their interest rates by 75 basis points on Wednesday. This is the biggest rate hike since 1994. Although the Fed has made one of the biggest moves to curb inflation, they are now faced with the reality of a recession as fears ripple through the markets. U.S
Currency Insights, Forex News, Uncategorized
Week 11 – Interest Rate Hikes Increase Global Risk Appetite.
18
Mar
Mar
overview Major central banks have finally changed their sentiment towards interest rates after promising hikes for the last year, a battle with rising global inflation and commodity prices. Investors have digested this as global economic recovery and Emerging Markets are reaping the rewards. The greenback had a quiet start to the week in terms of
04
Mar
Mar
overview Russia takes Ukraine city by city in what seems to be a pre-planned war despite sanctions and support from the US.The Rand, even though part of the Emerging Markets, has been steadily gaining after the Fed meeting on Wednesday due to investors attention on Gold and other commodities. This week was an action packed
