Free Trial

ZAR Tops the CEEMEA FX Charts, SAGBs Bull Flatten

SOUTH AFRICA
  • ZAR leading the CEMEA region today on USD weakness, retracing some of the aggressive selling from the previous week
  • Spot USD/ZAR now a fraction below 15.00, next support 14.9065
  • SAGBs bull flatter on the day with the 30Y leading (-3.8bp) after breaking 10.50 yesterday.
  • 10Y a bit slower off the mark (-1.6bp) but has tentatively broken 9.20 support.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

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.