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South African Rand Dollar Forecast: USD/ZAR Edges towards 15.00, FED takes center stage


South African Rand Dollar Forecast: USD/ZAR Edges towards 15.00, FED takes center stage
USD/ZAR Price Outlook:
US Economic Data remains at the forefront of risk-sentiment (at least for now)
Fed remains under pressure amid heightened inflationary concerns
USD/ZAR has turned positive after breaking above the key psychological level of 14.00 that previously held bulls at bay. With the political turmoil recently weighing on the volatile ZAR, the key psychological level of 15.00 currently remains in sight as investors and traders focus on important US economic data, (namely tomorrow’s Fed Interest rate decision) may further assist in the catalyzation of price action for the imminent move. ....

Fed Interest , African Rand Dollar Forecast , Emerging Market Currency , Tammy Da Costa , Exponential Moving Average , ஊட்டி ஆர்வம் , வளர்ந்து வருகிறது சந்தை நாணய , தம்மி டா கோஸ்டா , அதிவேக நகரும் சராசரி ,

Dollar's Upside Correction Stalls after 3-4 Weeks of Gains

Dollar's Upside Correction Stalls after 3-4 Weeks of Gains
fxempire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxempire.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , Marc Chandler , Slow Stochastic , Emerging Market Currency , ஒன்றுபட்டது கிஂக்டம் , மார்க் சாண்ட்லர் , வளர்ந்து வருகிறது சந்தை நாணய ,

Euro outperforms, dollar dips, dovish Fed expected ahead


885K units.
EUR/USD – The Euro reversed its grind lower, rebounding after a cautious ECB meeting outcome buoyed by upbeat Euro area (Germany, France, and Eurozone) Markit PMI readings. The shared currency outperformed its peers climbing to an overnight high at 1.2100 from Friday’s open of 1.2015, and an overnight low at 1.2012. This was the Euro’s highest close since early March (March 3). The Euro’s advance left the Greenback reeling against its peers.
USD/JPY – the Dollar extended its grind lower against the Japanese Yen, slipping to an overnight low at 107.476 before rallying to settle at 107.85 at the New York close. The USD/JPY pair last traded at the 107.45 level in early March, after hitting 110.85 on April 2. ....

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