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JPY: a currency trader's best friend this week? - ING Analysts at ING explained that, in the US, there will also likely be a Senate vote on the Tax Cuts and Jobs Act (TCJA) - though it's difficult to see that what gets passed isn't (a) watered-down to meet the Senate's stricter fiscal rules and (b) not questionable in its actual benefits for the real economy.
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Forex - Dollar Drifts Down to 2-Month Lows against Currency Basket Investing.com - The dollar drifted down to two-month lows against a basket of the other major currencies on Monday as investors awaited a number of U.S. risk events this week and as the stronger euro weighed. The euro hit the highest level in two months against the dollar on Monday, as data pointing ...
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S.Africa's Zuma calls for action after S&P downgrade, rand up on Moody's reprieve JOHANNESBURG, Nov 27 (Reuters) - South African President Jacob Zuma called for concrete measures to boost growth after S&P Global Ratings downgraded the local currency debt to sub-investment grade, while foreign currency debt was pushed deeper into "junk" territory. The rand recovered on ...
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