LONDON, Feb 8 (IFR) - See TGM2423 for more. The market has extended below 7.5220 (2011 low, posted February 3) which unlocks 7.4650 (September 19 2011 low) for an eventual retest. As the rand is an obvious risk asset, further improvements in sentiment has led to these falls in USD/ZAR. Q4 unemployment rate has surprised by falling to 23.9% on Tuesday, it was expected to edge higher to 25.7% from 25.0% in Q3. Today January business confidence fell slightly to 97.1 from 99.1. Martin.Miller@thomsonreuters.com
© Thomson Reuters 2012. All rights reserved
No hay comentarios:
Publicar un comentario