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Thursday 1st January 1970

Round up

The weak Dollar week: With the Greenback sliding by around 1.5% since Monday, investors and analysts are squabbling over the cause of the systemic weakness. On the Euro front, the story has been rather quiet, with low-salience sentiment-based data being the arguable highlight. As Theresa May tours the United Kingdom today, the 1-year countdown to Brexit begins. Following a strong rally last week and brief spike following a Bank of England decision, the Pound has cooled off slightly. In South Africa, rating agencies have confirmed the confidence that investors have found in the currency since the beginning of the year.

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