ZAR: an intriguing speech
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
The first significant opportunity for the USD in 2020
The American manufacturing PMI by the Institute of Supply Management will be out at 17:00 MT time on January 3.
This is the leading indicator of economic health, which shows how businesses’ attitude towards the economic conditions of the market. Basically, this is the survey of 400 purchasing managers, which asks them to rate the relative level of business conditions. The indicator above 50 demonstrates the expansion of the industry, while the indicator below 50 signals the contraction. Last time it fell to 48.1. This time, analysts anticipate it to reach 49.
• If the actual level is higher than the forecasts, the USD will go up;
• If the actual level is lower than the forecasts, the USD will go down.
Similar
The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
Coronavirus vs Forex: status update
Coronavirus pushse gold and currencies to where they have not been for years. What next?
Latest news
ZAR: an intriguing speech
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
CAD: is Canadian GDP puzzled?
Canadian monthly GDP will be out at 15:30 MT time on Friday.
The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
Deposit with your local payment systems
