Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: The Dollar traded strongly yesterday with the DXY index hitting 98.35 after poor German and Eurozone manufacturing numbers put the Euro under pressure. However, after the release of weak US data which reinforced the expectation of the market that…

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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 US-China trade war appears to be escalating, with no resolution in sight at the moment. The US is threatening to blacklist a further five Chinese tech companies while Treasury Secretary Mnuchin confirmed that there is no planned meeting…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: With most of the action, this week coming at the back end of the week it is no surprise that the market is taking a cautionary stance and we have seen the Rand holding steady around the R14.4000 level.…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: A very subdued trading day yesterday with the Rand staying within a 10 cent trading range for most of the day. With the lack of data and news from abroad and locally the market absorbed news over the weekend…

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