CD South Africa: Rand unaffected by Parliament chaos!
Currencies Direct February 13th 2015 - < 1 minute read
MPs kicked out with force and a mass walk out; these were the scenes last night at South Africa's State of the Nation Address 2015. The event grabbed the headlines, but did not have any affect on the rand. Despite the drama, President Zuma delivered his speech, which focused on the electricity crisis as well as the economy.
In other news, today sees Eurozone fourth quarter gross domestic product figures released, with the data having the potential to ruffle a few feathers in the EUR/USD pair. On a brighter note, it's the weekend and we welcome back both the Cricket World Cup and Super Rugby competition, with the latter kicking off this morning. Have a great weekend folks!
Commentary by Justin Lodewyk
Written by
Currencies Direct