Recommended by IG Forex for Beginners Market Recap Despite a resilient start to the week, Wall Street did not manage to find much follow-through overnight (DJIA -0.51%; S&P 500 -0.28%; Nasdaq +0.06%), as elevated Treasury yields and the lack of further heavy-lifting by Nvidia (-2.8%) kept a cautious tone in place. The US two-year yields
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
Share: The Federal Reserve (Fed) released the July 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) that “addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the second quarter of 2023.” The survey
Share: The US Dollar is slightly weaker against its major rivals to begin the week. The US Dollar Index stays above 101.50 after posting gains last week. US jobs report and other high-tier data releases this week could drive USD performance. The US Dollar stays marginally weaker on Monday after posting strong gains