OVERVIEW
- South African Rand slumps on rumors over sacking the deputy president.
- Kiwi Dollar continues to weaken after the formation of a coalition government earlier in the week.
- Sterling is weak as doubts arise over future interest rate hikes.
- US Dollar is higher as progress is made on tax reform.
HIGHLIGHT
The US Dollar is stronger today as progress on tax reform was made. This has shifted sentiment and investors are now expecting higher values.