The South African rand gained 0.5% against the dollar as markets turned their attention to U.S. inflation data and Federal Reserve comments this week.
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Federal Reserve
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The U.S. dollar weakened on Monday as investors digested the cautious comments from Federal Reserve Chair Jerome Powell, who signaled that the central bank may be nearing the end of …
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Despite this, global stock markets kept pace maintaining a steady course after a break in trading due to the thanksgiving holiday in the United States. Resilience of the market denotes …
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The dollar has hit a six-week low as new data reveals weaker-than-expected job creation in the United States, raising doubts about further interest rate hikes by the Federal Reserve. The …
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On Friday, global stocks experienced a downturn as recent U.S. inflation data exceeded expectations. With Europe set to release its consumer price data, there’s rising anticipation about central banks possibly …