USD/ZAR Price Forecast: Rand Trades Cautiously Post-CPI

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USD/ZAR Price Forecast: Rand Trades Cautiously Post-CPI
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Rand prices softened after South African core inflation missed forecasts. USD/ZAR now hovers around the longstanding 18.7759 support level.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.#USDZAR mulls over China GDP, South African CPI and the unfortunate geopolitical situation in the Middle East. Fed speak to come… ...Rising wedge breakout not completely confirmed yet.

The foundation to financial market fluctuations are generally rooted in fundamental data. Learn more about macroeconomics via our carefully constructed Macro Fundamentals guide - download it now!is being bombarded by economic data today . The Asian session kicked off with an upside surprise beat on Chinesemeasures by the Chinese government, positively charged momentum is beginning to take shape.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. Any and all information provided by FXP is not intended for use by U.S. residents or individuals domiciled in the U.S.

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