The dollar rebounded late Friday on news of higher-than-expected US jobs growth in February.
Hourly wages moderated, easing inflation fears and concerns that the US Fed would hike interest rates 4 times this year.
An interesting week lies ahead on the data calendar, as Russia will be in the spotlight regarding the US trade policy; SA manufacturing, EU Q4 jobs data, UK fiscal policy update and US retail sales tomorrow; ECB president’s speech on Wednesday; SA local mining and as well as the Business Confidence Index on Thursday, and inflation figures out on Friday. Have a great week!
All rates quoted are the interbank rates at time of publishing and shown for indicative purposes only. It