Market News

USD/ZAR is trading 0.70% lower today as local commodities may have stronger demand after China announced they will be curbing key chip making exports....

There was a time when news of output cuts from Saudia Arabia and Russia would have given the oil market a serious boost. Now perhaps it only slows the fall....

Yen holding its ground at present as market participants remain wary of potential intervention. Range breakouts may provide some intraday opportunities....

Both the Dow and Nasdaq 100 have seen a revival in recent days, while the Nikkei’s bounce has stalled this morning....

GBP/USD is in for a restrained trading day as the US celebrates Independence Day, ahead of UK services PMI data and the FOMC Minutes....

The gold price potentially reflects a holiday-impacted market with volatility easing across many asset classes. AUD/USD took a hit though when the RBA decided not to hike rates....

The Australian Dollar collapsed after the RBA decided to keep the cash rate unchanged at 4.10%. The inflation gauges are now on centre stage for future rate moves. Where to for AUD/USD?...

The euro may have recouped some of its recent losses against some of its peers, but it would be premature to read the rebound as the start of a new leg higher for the single currency. What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?...

Major US indices drifted higher on lighter volume to deliver a positive start to the new quarter, as we head into the Independence Day holiday....

The US Dollar may continue pressuring the Chinese Yuan in the third quarter with global growth still vulnerable to central banks that are keeping monetary policy tight...