Daily Market Commentary: 12 July 2016

By | 2017-03-02T20:54:45+02:00 July 12th, 2016|Agriculture, Markets and Research, Mining|

Today we are taking a look at: USDZAR testing previous consolidation from above as global search for yield supports EM FX, EURZAR testing horizontal resistance around R16.00/Euro, Sterling worst and ZAR best performance push GBPZAR. Rand rallies on strong global risk appetite, sterling stabilises as UK looks to appoint new Prime Minister, yen continues slide. [...]