Forex
Currency markets and the major pairs, including EUR/USD, GBP/USD, USD/JPY and the rand, with the economic news that moves them.
The rand fell about 1.2% to R16.975 per dollar on Friday, a seven-month low, as hot US inflation lifted the dollar before next week’s SARB decision.
EUR/USD closed near 1.10 as the dollar hit a 19-month high on Fed hike bets. What analysts expect next week for the euro, pound and yen.