Latest Breaking News On - சந்தை எழுத்தாளர் - Page 6 : comparemela.com

South African Rand Dollar Forecast: USD/ZAR Humbles Bears, Treasury Yields Climb USD/ZAR Forecast: Psychological level of 15.00 appears to be probable USD gains as risk sentiment favors safe-haven currencies Advertisement Over the past few weeks, the Rand has been surprisingly strong against major currencies, helped along by a return of US Dollar weakness. Although first world countries have already begun the inoculation process against Covid-19, the discovery of a new variant 501y.v2 deemed the Astrazenaca vaccine to be relatively ineffective, resulting in a lag in the projected rollout program in South Africa. With the Emerging Market (EM) struggling with Fiscal constraints, increasing US treasury yields boosting the demand for the safe-haven currency, next week’s budget speech will likely have a heavy focus from investors, possibly setting the tables for further rating downgrades in March.

South africaEmerging marketAfrican rand dollar forecastTreasury yieldsTammy da costaMarket writerவளர்ந்து வருகிறது சந்தைதம்மி டா கோஸ்டாசந்தை எழுத்தாளர்