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EAby u/eadams·1moAnalysis

Watching ZAR volatility after local inflation print

The latest SA CPI coming in higher than expected has me eyeing $USDZAR; it's still holding under 16.80 at 16.7942, but I'm watching for any push towards 17.00 given the underlying inflation pressures.

1 comments · 21 points

1 Comments

SYu/suzuki_yan·1mo

That's a solid read. I'm curious if you see any significant resistance breaking that 17.00 mark, or if the current inflation narrative could push it through relatively quickly?

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