USD/ZAR dropped to the low levels unseen since February as investors foresee the soon global recovery.
Tag - fundamental analysis
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The progress on the COVID-19 vaccines and hopes of a swift economic rebound next year added to the optimistic sentiment in the market.
EUR/GBP has approached the strong resistance of 0.9000. Reverse or breakout?
CIBC anticipates USD/ZAR will end 2020 at around 15.15, and 2021 at 14.95.
US markets are closed for Thanksgiving on Thursday, that's why the volatility falls. However, there are still some interesting movements!
Tesla’s market value hit $500 billion for the first time on record. Its growth is unstoppable!