Rand slides after President Trump tests positive for COVID-19

2020-10-02

  USD/ZAR analysis Beginnings USD The boost comes after Trump’s COVID announcement. Rand holds steady ahead Non-Farm Payrolls (NFP) Expected rise in U.S. election volatility could affect ZAR’s appeal. interview DailyFX Education Center Understand why news events are key to fundamental forex analysis. The South African rand has been inRead More →

Dow flips positive, follows Nasdaq’s more than 2% surge in afternoon trade as Wall Street awaits earnings crush

2020-07-20

  Major U.S. stock indexes traded higher Monday afternoon, as investors look forward to quarterly results from corporations over the coming days. Investors also focused on positive developments from coronavirus vaccine candidates. How are benchmarks performing? The Dow Jones Industrial Average US:DJIA rose 22 points, or 0.1%, to 26,694, reversingRead More →

European stocks aim for a positive finish to the week

2020-06-19

European stocks pushed higher on Friday and headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was driving some momentum. The Stoxx Europe 600 index SXXP, +0.45% rose 0.6%, after closing down 0.7%Read More →