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Read more about the article Can the Rand Continue to Dominate the US Dollar?
Trading

Can the Rand Continue to Dominate the US Dollar?

The USDZAR pair is navigating through a mix of domestic and international economic signals, starting the week on a softer note against the backdrop of fluctuating global market sentiments. The…

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March 11, 2024
Read more about the article NFP: February Adds 275K Jobs, but Unemployment Rate at 2-Year High
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NFP: February Adds 275K Jobs, but Unemployment Rate at 2-Year High

February's US Non-Farm Payrolls (NFP) report unveiled a tale of resilience and challenges in the US's labour market. The headline figure exceeded expectations, with 275,000 jobs added, surpassing the forecasted…

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March 8, 2024
Read more about the article Gold’s Golden Run Brace for NFP Impact
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Gold’s Golden Run Brace for NFP Impact

Gold’s (XAUUSD) relentless climb continues, with the precious metal touching all-time at $2,171.07 per ounce, poised for a weekly gain of over 3%. This surge is fuelled by a weakening…

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March 8, 2024
Read more about the article Bitcoin is Up to 60% Despite letting Go of its Peak
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Bitcoin is Up to 60% Despite letting Go of its Peak

Bitcoin (BTCUSD), the world's leading cryptocurrency, recently made headlines as it briefly soared to a new all-time high, surpassing the $69,000 mark and settling momentarily at $69,324.   Despite this momentary…

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March 8, 2024
Read more about the article S&P500 Futures Ride High on Rate Cuts Hopes
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S&P500 Futures Ride High on Rate Cuts Hopes

The S&P500 Futures (CME: ES) have been on an unprecedented upward trajectory, soaring to new all-time highs amidst a remarkable year-to-date gain of 8.55%.   This relentless ascent, punctuated by only…

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March 8, 2024
Read more about the article Costco Under Pressure After Revenue Miss
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Costco Under Pressure After Revenue Miss

Costco Wholesale Corporation’s (NASDAQ: COST) Q2 2024 earnings report delivered mixed results, weighing on the company’s stock, which dipped over 4% in after-market trading despite a year filled with robust…

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March 8, 2024
Read more about the article NFP in Focus: Is the USDZAR Poised for Further Declines ?
Trading

NFP in Focus: Is the USDZAR Poised for Further Declines ?

The South African Rand (ZAR) has strengthened against the US Dollar (USD) this week, capitalizing on a weaker dollar and rising gold prices. The Federal Reserve's dovish stance, hinting at…

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March 8, 2024
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