It has arrived, my final forex report for 2024!!!  Here’s wishing you and your loved ones the very best for the festive period and I hope that you enjoy a well-deserved break!!!  See you in mid-January…. 

Developments in the US are ensuring that the Dollar’s dominance is firmly in place but the Rand usually finds support when we get good news out of China and hopefully that remains the case after Chinese GDP data beat expectations earlier this morning, although there’s no sign of an encouraging pull through to our exchange rate just yet.

Developments in the US are ensuring that the Dollar’s dominance is firmly in place but the Rand usually finds support when we get good news out of China and hopefully that remains the case after Chinese GDP data beat expectations earlier this morning, although there’s no sign of an encouraging pull through to our exchange rate just yet.

Developments in the US are ensuring that the Dollar’s dominance is firmly in place but the Rand usually finds support when we get good news out of China and hopefully that remains the case after Chinese GDP data beat expectations earlier this morning, although there’s no sign of an encouraging pull through to our exchange rate just yet.

Developments in the US are ensuring that the Dollar’s dominance is firmly in place but the Rand usually finds support when we get good news out of China and hopefully that remains the case after Chinese GDP data beat expectations earlier this morning, although there’s no sign of an encouraging pull through to our exchange rate just yet.

We about to close out January, already one month down in the new year, but what a week it is stacking up to be. We’ve got multiple central bank announcements (including the SARB), important inflation and GDP data from the States, a slew of Big Tech earnings and no doubt there’ll be headlines from Trump!!

A frantic day in the equity market yesterday as little known Chinese AI firm DeepSeek forced a re-think on the status quo with their claims of a much cheaper alternative to ChatGPT and the other leading AI names.

With the multitude of headline grabbing events over recent weeks we have quietly arrived at the year’s first FED policy announcement today, and still almost nobody is talking about it. I suppose that there is a near 100% certainty that they won’t cut rates is why the meeting has slipped so far under the radar.