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Research Results

Results for 'EM'

1 article with this tag name

USDZAR: Further downside to come?

Updated -  May 16, 2014 7:50:00 AM

If the dollar is poised to recover and the markets continue to trade with their risk off tone, then surely the ZAR will be at risk, right? The fundamentals aren’t looking great, negative surprises on the economic data front are mounting up: unemployment rose above 25% in Q1, while manufacturing production and retail sales were also weaker than expected. Election risk has been and gone, but the win for the ANC suggests more of the  [...] Continue Reading

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