🇿🇦 RAND HOLDS STEADY AS FED HIKE BETS FADE
The South African rand traded near 16.16/USD as traders awaited June mining data.
📊 US CPI rose just 0.1% in July, reducing expectations for a September Fed rate hike.
⛏️ South Africa’s mining output fell 5.4% YoY in May, with another decline expected.
🔥 Trader watch: Fed policy + mining data could drive USD/ZAR volatility.
Trade Here 👉 $SYRUP | $BANK | $APR
#USJulyCPI&PPIDueThisWeek #SheinSaidToLaunchHKIPOSubscriptionAroundAug20 #SouthKoreaExpandsVASPReviewToMajorShareholders #StreamerClub #Write2Earn
The South African rand traded near 16.16/USD as traders awaited June mining data.
📊 US CPI rose just 0.1% in July, reducing expectations for a September Fed rate hike.
⛏️ South Africa’s mining output fell 5.4% YoY in May, with another decline expected.
🔥 Trader watch: Fed policy + mining data could drive USD/ZAR volatility.
Trade Here 👉 $SYRUP | $BANK | $APR
#USJulyCPI&PPIDueThisWeek #SheinSaidToLaunchHKIPOSubscriptionAroundAug20 #SouthKoreaExpandsVASPReviewToMajorShareholders #StreamerClub #Write2Earn