RAND TALKING POINTS & ANALYSIS ZAR exploiting weaker USD and stronger commodity prices. Big week ahead that includes China rate announcement, BRICS summit & Jackson Hole. Technical analysis suggesting a pullback? Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/ZAR FUNDAMENTAL
Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, S&P 500, Nikkei 225 Charts and Analysis Nasdaq 100 back to 50-day SMA The index has pushed steadily lower in August so far, continuing the weak theme from the end of July.It has managed to stabilise around the 50-day SMA for the time being, though
US DOLLAR FORECAST The U.S. dollar, as measured by the DXY index, continues its impressive rebound, gaining strength from the surge in U.S. Treasury rates The rise in bond yields has a positive impact on USD/JPY, propelling the currency pair to its highest levels in almost four weeks. Market focus remains on the highly anticipated
© Reuters. FILE PHOTO-A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The rallied hard in volatile trading on Friday after the Bank of Japan announced it will make its yield curve control policy more flexible, while the dollar held steady
