RAND TALKING POINTS & ANALYSIS Rand unable to capitalize on US initial jobless claims data. Fed officials to relate recent US economic data. Bullish divergence at trendline support could see some SUD upside to come. USD/ZAR FUNDAMENTAL BACKDROP Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment – Get
EUR/CAD Shaping up for Long-Term Reversal as Oil, Inflation Rise EUR/CAD sold off into the end of Q3 after the European Central Bank (ECB) hiked rates to 4% which may prove to be the peak. The euro depreciated immediately as markets lowered their expectations of another hike. Fundamentals in Europe also remain weak as the
Share: Central banks are in the spotlight. Economists at Commerzbank analyze how their fight against inflation could impact the exchange rates. End of rate hikes does not mean victory over inflation – yet The market has accepted that the rate hike cycle will come to an end for now, despite the fact that