South African rand forecast to strengthen further as UBS lowers USD/ZAR target
South African rand forecast to strengthen further as UBS lowers USD/ZAR target Source link
South African rand forecast to strengthen further as UBS lowers USD/ZAR target Source link
The UK Consumer Price Index (CPI) report released today showed a slowdown in inflation. According to Forex Factory, the annual figure came in at 3.0%, compared with 3.4% the previous month. Media reports note that:→ this marks the lowest level since March 2025;→ the easing in inflation was driven by lower prices for petrol, air…
2026.02.18 2026.02.18 Yen Awaits Takaichi’s Decision. Forecast as of 18.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Will the Japanese prime minister pursue fiscal consolidation, as the IMF is urging? Alternatively, will she begin to use her power to engage in profligate spending? Sanae Takaichi’s actions will determine the trajectory of the USD/JPY pair. Let’s discuss this topic and make…
The FOMC meeting minutes won’t be the only standout event on the economic calendar today. This is one that will also be heavily watched by traders and investors, that especially since the US dollar has been heavily scrutinised in recent months. For all the talk about de-dollarisation and market players selling US assets, it hasn’t…
Cable has a day to forget as Unemployment data rose to 5.2% in the UK. With the FTSE jumping to another record, will the bullish rally continue into the second quarter? Timestamps UK100 00:20 GBPUSD 01:45 Test your trading strategy on forex and stocks with Orbex OPEN LIVE ACCOUNT The post Pound Slides as Traders…
The New Zealand dollar weakened today after the Reserve Bank of New Zealand (RBNZ) announced its decision to keep interest rates unchanged. While the decision itself was widely expected, the accompanying forecasts drew attention due to their dovish tone. According to the official statement:→ monetary policy is likely to remain accommodative for some time, although…
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Scotiabank analysts Shaun Osborne and Eric Theoret note the Euro is slightly weaker versus the Dollar, drifting toward the lower end of its recent range. Yield spreads remain supportive and the broader EUR/USD trend is still seen as bullish. However, analysts stay cautious below 1.20 and look for a near-term 1.1800–1.1900 trading range ahead of…
Gold price started a downside correction from $5,115. WTI Crude oil is now attempting to recover after sliding toward $61.80. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today · Gold price climbed higher toward the $5,120 zone before there was a sharp decline against the US Dollar. · A key bearish trend…
2026.02.18 2026.02.18 Short-Term Analysis for Oil, Gold, and EURUSD for 18.02.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continues…