Currencies in focus, USD/ZAR & EUR/USD
GT247 Analyses | Currency Pairs
EUR/USD - Had a minor pullback last week but seems to have regained upside momentum. Needs to close above 1.12 for bullish move to be confirmed.
USD/ZAR - Holding on quite well despite Moody’s downgrade on Friday, expect upside in rand sensitive stocks if strength is sustained.
Musa Makoni | Trading Specialist at GT247.com
Wishing you a profitable day of trading.