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UK’s Sunak: Most important thing now is to re-open UK safely

UK Chancellor of the Exchequer Rishi Sunak, during an interview with BBG TV this Friday, said that the best way to protect jobs is to have businesses re-open.

Key quotes:

  • The most important thing now is to re-open the UK safely.
  • Remain committed to investments in infrastructure.
  • UK Furlough scheme will last 8 months; not sustainable indefinitely.
  • The UK UK PM Johnson to make a speech on the UK pandemic recovery.

USD/ZAR: Spike in coronavirus cases and huge budget deficit risk a climb to 17.90 – CIBC

USD/ZAR began the year sub 13.95, but the market traded above 19.35 within four months. Now, amid a surge in coronavirus cases in the African country
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US Dollar Index Price Analysis: The 200-day SMA still caps the upside

DXY has managed to regain composure after bottoming out in the 96.40 zone earlier in the week. Bulls now appear in control and could lift the index to
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