The month of June stood out with two major central banks taking monetary policy decisions. The U.S. Federal Reserve hiked interest rates by 25 basis points while the European Central Bank announced a modest taper to 15 billion euro starting from September and eventually ending its QE program by December 2018. The U.S. dollar continued to main...

2018-07-03 John Benjamin Read more

The markets open to a busy trading week which marks the first week of the third quarter. Focus turns to some of the key economic indicators across most of the G7 currencies. Starting off the week we have the BoJ Tankan Survey where manufacturing and non-manufacturing PMI's will be released. Alongside, the UK and the Eurozone's monthly manufac...

2018-07-02 John Benjamin Read more
Rand

The South African rand was seen regaining lost ground as prices quickly reversed the losses from the previous week. The South African rand initially weakened after reports emerged in late August about the investigations into the Finance Minister Pravin Gordhan's dealings as a tax chief previously. The ZAR fell on the news and extended its declin...

2016-09-07 John Benjamin Read more