Binabaliktad ng USD/ZAR ang kurso nito at bumaba sa ibaba ng 20-araw na SMA
Pananalapi Binabaliktad ng USD/ZAR ang kurso nito at bumaba sa ibaba ng 20-araw na SMA 10 minuto ang nakalipas Balita ng Ethereum ng Bitcoin USD/ZAR dropped below the 20-day SMA after peaking at a high near 19.150. South African CPI from September came in higher than expected as well as Retail Sales. Safe haven flows dominate markets, with focus shifting to geopolitics. At the end of the week, the USD/ZAR trades with mild losses at 19.000, with the ZAR holding its foot driven by hot inflation figures reported on Thursday. On the USD side, it trades soft against its rivals, but a sour market good with investors turning their focus to tensions in the Middle East may reignite the green currencys momentum. From September, the Consumer Price Index (CPI) from South Africa came in at 5.4% YoY, higher than the 5.3% expected and the previous 4.8%. In line with that, the ZAR gained momentum as markets is now expecting the South African Reserve Bank (SARB) to maintain its rates higher for a prolonged time as they is targeting inflation to drop in the range between 3% and 6%. On Tuesday, in the October Monetary Policy review, the bank was seen stating that higher oil prices and dry weather