today — twice as much as analysts at TD Securities and the consensus had forecast. USD/ZAR is sitting at 17.383. Key quotes “The SARB has today cut the repo rate by 100bps to 5.25%, twice as much as expected by us and the consensus. The measure was announced at a regular MPC meeting and the vote was unanimous.” “The Bank is now anticipating a 0.2% contraction in growth in 2020 (1.4ppt lower than the prior forecast), and lower CPI that previously anticipated.” “ZAR will remain exposed to global headwinds, but will not be subject to negative pressure due to idiosyncratic factors. At least not for the short term.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: Into a lower 1.07-1.11 range – Westpac FX Street 2 years today — twice as much as analysts at TD Securities and the consensus had forecast. USD/ZAR is sitting at 17.383. Key quotes “The SARB has today cut the repo rate by 100bps to 5.25%, twice as much as expected by us and the consensus. The measure was announced at a regular MPC meeting and the vote was unanimous.” “The Bank is now anticipating a 0.2% contraction in growth in 2020 (1.4ppt lower than the prior forecast), and lower CPI that previously anticipated.” “ZAR will remain exposed to global headwinds, but will not be subject to negative pressure due to idiosyncratic… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
