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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessGlobal Factors to Drive USD/ZAR Ahead of DM PMIs
- USD/ZAR opens lower in line with a firmer APAC session, briefly retesting the 15.00 handle before pulling back to 14.9080 support.
- Focus today remains on global factors with US & EU PMI data likely to dominate risk sentiment.
- Bond inflows and continued optimism about the easing of restrictions should continue to help the cross stay heavy in the near-term, but will need to take out 14.90 decisively to make the next leg lower.
- Sup1: 14.8221, Sup2: 14.7093, Res1: 14.9739, Res2: 15.0699
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.