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20 Jun 2023

USD/ZAR: Easy gains for the Rand are likely behind us – SocGen

Inflation data from South Africa is due tomorrow. Economists at Société Générale analyze Rand outlook ahead of the report.

USD/ZAR faces psychological support at 18.00

A decline in headline to 6.5% YoY in May from 6.8% is the consensus and may support the ZAR via higher real rates. 

Easy gains for the Rand are likely behind us. 

USD/ZAR faces psychological support at 18.00. The 200-Day Moving Average runs just below 17.97 and has proved a tough obstacle at least three times in the last 12 months.

 

Jun 20, 2023

Indonesia: Trade surplus shrinks markedly in May - UOB

UOB Group's Economist Enrico Tanuwidjaja and Junior Economist Agus Santoso assess the latest trade balance figures in Indonesia. Key Takeaways Trade s
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Jun 20, 2023

EUR/USD Price Analysis: Still scope for a test of 1.1000

EUR/USD’s initial bull run falters around the 1.0950 region on Tuesday. Despite the current downtick, further gains remain well on the table for the t
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