With the US markets back online from the Independence Day holiday, market focus will be on the FOMC minutes ahead.

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EURGBP looks well on its way to print fresh lows in Q3 as the Bank of England faces the toughest challenge out of all the major Central Banks. 0.8200 incoming?

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Rand strength could be the top trade for Q3 2023 as USD/ZAR hit all time highs in Q2.

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Spot Gold is enjoying a positive day as it appears the US Holiday may be working in the precious metals favor. A range breakout is required for a sustainable move in either direction.

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USD/ZAR is trading 0.70% lower today as local commodities may have stronger demand after China announced they will be curbing key chip making exports.

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