Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: The Dollar continues to weaken in anticipation of monetary easing by the Fed and the DXY Dollar index has slipped to 95.943 overnight. The Euro has moved to above the 1.1400 level and is currently at 1.1414. The Rand…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: The Dollar continues to trade weaker on the prospect of Fed easing as markets are now pricing in 3 possible rate cuts. The Euro and Pound are both higher this morning at 1.1375 and 1.2750 respectively. US Treasury yields…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: President Ramaphosa’s SONA address last night was, by general consensus, full of dreams but little in the way of detail. The one positive was the confirmation that the Reserve Bank’s mandate would not change. The Rand did not react…

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