3 T’s: Trade, Trump and, hmmm, Trims

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE 3 T’s: Trade, Trump and, hmmm, Trims The story that originated towards the end of last week and that is still trending this week has been the resurgence of the US dollar, with the US dollar trading in the mid 1.11’s against the Euro. The reason for the recent strength in the US…

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The first part is over…

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE The first part is over… With the South African election, a thing of the past and the results tallied, the outcome of the election was mostly in line with projections. As forecasted the ANC got less than 60% while the DA lost a bit of ground with the EFF gaining a little. What…

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Election Weekly

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Election Weekly The major event last week was the US non-farm payroll which saw the US adding 263,000 jobs in May versus the expected 185,000. While this would typically cause the Rand to weaken sharply the market focused on the softer than expected wage data. The weaker data will mean that inflation will still…

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Leading up to the election

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Leading up to the election As we dust off the Easter Holiday cobwebs, we are entering the business end of the local election that brings about a lot of local noise and could increase volatility in the Rand. The market will be looking at any headline news which could give short term momentum…

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