South African Rand Dollar Forecast: USD/ZAR Indecisive as Political Pressure Intensifies

October 16, 2020 at 12:33PM

USD/ZAR remains rangebound ahead of presidential election and fears of economic recovery

From: Tammy Da Costa
Selected by fonecable.com

Search Web: South African Rand Dollar Forecast: USD/ZAR Indecisive as Political Pressure Intensifies

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

DailyFX - Market News Tammy Da Costa Topbanner

Fed's Daly: Inflation bridles the economy 28 June 2022

Reuters has reported that San Francisco Federal Reserve Bank President Mary Daly on Tuesday said she believes the US economy will slow to below 2% ann

United States 7-Year Note Auction climbed from previous 2.777% to 3.28% 28 June 2022

United States 7-Year Note Auction climbed from previous 2.777% to 3.28%

AUD/USD weakens amid risk aversion, falls to the 0.6910 area 28 June 2022

US stocks turned to the downside on Tuesday and boosted the US dollar. The AUD/USD dropped to 0.6909, hitting a fresh daily low. It remains under 0.69

USD/CHF Price Analysis: Double top in play but sellers failure at 0.9520, could spark a test of 0.9600 28 June 2022

The USD/CHF is trying to stage a recovery after falling for six straight days, though it failed to break below the June 24 daily low of around 0.9561

US Dollar has upside through the end of this year and into the early parts of 2023 – Wells Fargo 28 June 2022

The US dollar should remain strong against more currencies; however, the peak may be approaching earlier than initially expected, according to analyst

EUR/GBP with scope to end the year around 0.88 – Rabobank 28 June 2022

The pound may not receive a lasting support from the Bank of England, even if it accelerates rate hikes, as investors override concerns about UK inves

Gold Price Forecast: XAUUSD pressured below the 200-DMA, on upbeat sentiment, ahead of Powell 28 June 2022

Gold spot (XAUUSD) prolonged its losses for the second straight day, struggling to stay above the $1820 mark amidst a positive market mood that witnes

EUR/USD reverses from 1.0600 and drops to multi-day lows near 1.0500 28 June 2022

The EUR/USD dropped further and bottomed at 1.0501, the lowest level since Thursday. It then trimmed losses, rising to 1.0530. The move lower took pla

Polestar Stock Forecast: PSNY sheds another 3% on Tuesday 28 June 2022

Polestar (PSNY) stock began trading last Friday on the Nasdaq as it completed its SPAC merger deal with Gores Guggenheim (GGPI) to take it public. The

US Treasury Department: Will prohibit Russia gold imports under latest sanctions 28 June 2022

The United States will prohibit Russian gold imports in the latest round of sanctions, the Treasury Department announced on its website on Tuesday, as

Kezar Life Sciences (KZR) Stock Price: Lots of optimism surrounds lupus trial results 28 June 2022

Kezar Life Sciences (KZR) announced a breakthrough late Monday that today concerning a drug to treat lupus nephritis. Results from the second phase cl

US: CB Consumer Confidence Index drops to 98.7 in June vs. 100 expected 28 June 2022

The data published by the Conference Board showed on Tuesday that the Consumer Confidence Index dropped to 98.7 in June from 103.2 in May. This print

United States Richmond Fed Manufacturing Index registered at -19, below expectations (-11) in June 28 June 2022

United States Richmond Fed Manufacturing Index registered at -19, below expectations (-11) in June

USD/JPY rallies to fresh multi-day high, poised to gain further amid broad-based USD strength 28 June 2022

The USD/JPY pair built on its steady intraday ascent through the early North American session and shot to a fresh three-day high, around the 136.30 re

Philippines: BSP raised rates by 25 bps – UOB 28 June 2022

Julia Goh, Senior Economist at UOB Group and Economist Loke Siew Ting comment on the June BSP event. Key Takeaways “Bangko Sentral ng Pilipinas (BSP),

EUR/USD Price Analysis: Upside looks capped by the 55-day SMA 28 June 2022

EUR/USD fades part of the recent 2-day advance and quickly retreats to the low-1.0500s on Tuesday. In the very near term, occasional bullish attempts

Could investors find an opportunity for growth by investing in wheat stocks? 28 June 2022

The ongoing geopolitical tensions surrounding Russia have made international stock markets difficult for investors to navigate. They’ve also paved th

Gold Price Forecast: XAUUSD trading to remain a snoozefest – TDS 28 June 2022

It is a snoozefest in gold markets. Strategists at TD Securities expect this regime to continue for the time being. Hawkish Fed regime clashes with re

USD/CAD bounces amid resurgent USD demand, bullish oil prices to cap gains 28 June 2022

The USD/CAD pair recovered a few pips from over a two-week low touched earlier this Tuesday and was last seen trading just below mid-1.2800s, still do

GBP/USD: Pound will need the support of a hawkish central bank – Scotiabank 28 June 2022

GBP/USD awaits the Bank of England’s Governor Andrew Bailey's speech at the ECB forum in Sintra, Portugal on Wednesday. Hawkish remarks are needed to

South African Rand Dollar Forecast: USD/ZAR Indecisive as Political Pressure Intensifies

October 16, 2020 at 12:33PM

USD/ZAR remains rangebound ahead of presidential election and fears of economic recovery

Search Web: South African Rand Dollar Forecast: USD/ZAR Indecisive as Political Pressure Intensifies

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Leave a Reply

The prospects for Andy Bird, Pearson’s new boss October 16, 2020 at 12:09PM

An interview with Alexei Navalny, assassination survivor October 16, 2020 at 02:09PM

October 16, 2020 at 12:33PM

USD/ZAR remains rangebound ahead of presidential election and fears of economic recovery

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

July Reports

ADVERTISEMENT

Leave a Reply

Related Post