The South African rand has flourished against the U.S. dollar since late November 2021 but this may be coming to an end with the Federal Reserve adding to its already hawkish narrative. Get your market update from WVenketas here:
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. FX PUBLICATIONS IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
FX Publications Inc is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association . Registered Address: 32 Old Slip, Suite 803; New York, NY 10005. FX Publications Inc is a subsidiary of IG US Holdings, Inc Receive the best-curated content by our editors for the week ahead.Please fill out this field.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
British Pound Forecast: GBP/USD Catapults Higher, USD Positioning Wipe OutThe US Dollar remains on the backfoot with the latest move lower exacerbated by yesterday’s CPI report. Get your market update from JMcQueenFX here:
Read more »
USD/ZAR Forecast: Looking for Support Near Major Moving AverThe US dollar has gone back and forth during the trading session on Thursday as it looks like it is trying to find support against the South African Rand.
Read more »
AUD/USD Forecast: Relief Rally Extends for Aussie Dollar Ahead of US CPIYesterday, Fed Chair Powell dampened hawkish hopes after emphasis was put on a mid-2022 inflation peak while reducing the ballooning balance sheet is likely to take place later this year. Get your market update from WVenketas here:
Read more »
USD/INR Forecast: USD Continues to Fight INR StrengthThe US dollar has rallied rather significantly during the trading session on Thursday to reach towards the \u20B974 level.
Read more »
NZD/USD dips back to 0.6820s as dollar stages tentative reboundNZD/USD’s positive mid-week momentum has faded on Friday, with the pair falling back below the key 0.6850 support zone into the 0.6820s, where it trad
Read more »