PFS Market Sentment Podcast – Trump Overstepped His Authority, Steady Rand Ahead Of MPC, Most Economist Predict a 25 basis Point Cut
💹 Major Currency Snapshot: USDZAR: 17.93EURZAR: 20.21GBPZAR: 24.12 Introduction: A significant ruling by the U.S. Court of International Trade blocked President Trump’s across-the-board tariffs, citing that he overstepped his authority and that Congress holds the exclusive power to regulate commerce. This decision led to positive reactions in financial markets, including a rally in the U.S. […]