USD/ZAR Outlook: Rand Plummets 6% after State of Emergency Declared

The rand was one of the better performing currencies vs the dollar just a few days ago but a ‘perfect storm’ resulted in massive ZAR selling, erasing most of its gains

from DailyFX – Market News https://bit.ly/38d5CDQ
via IFTTT

EZ Economy Pulling in Different Directions as Factories Struggle but Services Shine

The euro zone PMI data revealed that while the economy fared quite well thus far, gains in services have outweighed the lackluster manufacturing sector

from DailyFX – Market News https://bit.ly/3EBK3J8
via IFTTT

GBP Forecast Q2 2022: The Bank of England's Inflation and Growth Puzzle

The Bank of England (BoE) is expected to raise UK interest rates further in the second quarter of 2022 as the UK central bank tries to stem soaring prices pressures. The BoE has already lifted the …

from DailyFX – Market News https://bit.ly/3K4FFUZ
via IFTTT

EUR Forecast Q2 2022: A Badly Battered Euro May Find a Lifeline in Ukraine, But Can an Upswing Last?

The Euro suffered punishing losses in the first quarter of 2022. The currency is on pace to shed almost 3 percent against an average of its major counterparts, marking the worst three-month perform…

from DailyFX – Market News https://bit.ly/3NQoTv7
via IFTTT