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Commod FX enjoyed a rally yesterday with AUD and NZD pushing higher within their multi-week trading range

Friday was an eventful session for the rand, reaching an intraday low of R17.9925/$, its lowest level since December.

It has been quite a week, but we have finally managed to see the Rand break below 18.20 and then 18.10 on a day where not much else was going

The rand has traded within a tight range this week, much to the forecasts of analysts and traders alike

The aggressive gains in US Dollar index and the subsequent test of key levels by EURUSD and GBPUSD near 1.1213 and 1.3232, respectively offers a bullish USD undertone near term

Today is all about US inflation, maybe more, not less