Rand rallies on improved risk appetite; USD softens further after mid-terms

0
115
views

Financial markets are continuing their forward drive on the realization that investors were rightly positioned for the outcome of the mid-term elections in the United States. A number of stock markets are trending higher on improved risk appetite, while the South African Rand has been a noticeable mover following gains above 1% at time of writing. The Rand is generally used as a proxy for evaluating investor appetite towards risk.  

One of the more interesting trends to have monitored in the aftermath of the mid-term results is the acceleration in near-term Dollar weakness. This… Read More

This Market Review is presented by FXTM Broker. Click here to open a FXTM Account.