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GBP rates markets continue to price in rather aggressive rate hikes throughout 2022, providing an opportunity for ‘carry trades’ involving low yielding currencies (Yen)
U.S. stocks roar back after Monday’s rout and stage a solid comeback bolstered by big gains in technology companies amid dip-buying mentality.
SA Retail Sales Slump: USD/ZAR Reaction and Price Outlook 2021-03-17 12:55:00 Richard Snow, Markets Writer USD/ZAR Talking Points: SA Retail Sales data contracted for a tenth consecutive month (-3.5% YoY) USD/ZAR showing little reaction to the data but likely to pick up ahead of FOMC USD/ZAR looking for direction but remains within the long term downtrend Advertisement SA Retail Sales Continue Ten Month Slump SA retail sales data came in worse than expected at -3.5% compared to the -2.7% forecasted. This ...