Covid-19 and the national lockdown have created some of the toughest trading and operating conditions that businesses have ever experienced.
The rand remains above the 16,0000 level as global risk appetite diminishes in an already limited liquidity trading environment.
The rand trades rapidly weaker as local factors weigh on the currency.
The rand resisted a move beyond the 16 0000 level again albeit in a limited liquidity environment.
CurrenciesA slew of economic data releases due out of the US later today could see investors sit on the sidelines till then.CommoditiesIron ore is still marching [...]
The USD posted gains again as the markets contemplate another Powell term at the Fed and a possible lift-off of rate hikes.