GT247.com Trading Blog

Your Morning Market Podcast 12 June 2017

Written by GT247 Trading Desk | 12 Jun 2017

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

Follow @Makoni_Henry

Wishing you a profitable day of trading.