South African rand strengthens amid tariff news, awaits budget

The modern payment landscape is constantly changing, and the pronounced increase in online shopping and e-commerce for both B2C and B2B markets has defined one of the most recent evolutions in transaction trends. Alongside this unstoppable rise, international or ‘cross-border’ payments have steadily and consistently risen at 7 to 8 trillion USD year on year,…

Bank of America (BofA) analysts highlighted a shift in market sentiment, identifying long U.S. dollar positions as the most crowded trade, and now a significant headwind for the currency. This perspective aligns with BofA’s recent reports on the U.S. dollar, emphasizing the stark contrast between current market positions and historical trends. The analysts’ findings indicate…

Labour is braced for record-breaking losses in Thursday’s local elections in England, which could be decisive for Keir Starmer’s future as prime minister. In a message to voters on Thursday, Starmer said Reform’s Nigel Farage and the Greens’ Zack Polanski were “not fit to meet this moment of great global instability” and that only Labour…

Reuters is out with some headlines on the OPEC+ meeting, which was scheduled for Sunday but was delayed until December 5. OPEC+ is discussing delaying the hike for Q1 To hold further talks in the coming days Scheduled output increase for Jan is among the issues to be addressed None of this is a surprise….

The break and retest isn’t just some fancy indicator gimmick. It’s rooted in basic market structure that traders have relied on for decades. When price breaks through a significant level, that level doesn’t disappear. Smart money often tests these zones before continuing, creating a second chance entry for traders who missed the initial move. Here’s…

Primary school-age children who question their gender could be allowed to use different pronouns under long-awaited government guidance on the subject. The guidance, billed as moving away from a culture-war approach to the subject, has some notablechanges compared with a draft produced in 2023 under the Conservatives, which said that primary-aged children “should not have…