Dollar on backfoot ahead of key US jobs data - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The US dollar index, which measures the greenback against a basket of currencies, fell 0.68% overnight, the largest fall since July 19, and last traded 105.79.

“Payrolls just clearly seems to be on everyone’s mind for tonight, so I think that’s keeping things relatively subdued,” said Ray Attrill, head of FX strategy at National Australia Bank. A stand-off over the return of a turbine that Russia says is holding back gas supplies to Europe showed no sign of being resolved on Thursday, as Moscow said it needed documentation to confirm the equipment was not subject to sanctions.

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If you declare war on your own economy by shutting it down for two years, 5trillion USD in covid stimulus of fiat currency, the economy should be recess of course. It's Newton's third law of motion at play here

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Malawi Government Demands U.S.$309.6 Billion From Us Company for Illegal MiningUnder instructions from the Minister of Finance, Malawi's Attorney General, Thabo Chakaka-Nyirenda has written Columbia Gem House of Vancouver, USA demanding US$309.6 billion as claim for unpaid tax revenue in respect of ruby and sapphire minerals extracted from Chimwadzulu Mine in Ntcheu District by the US company's subsidiary, Nyala Mines Limited.
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MARKET WRAP: JSE firms as US economic data lifts sentimentInvestors cheer better-than-expected figures from the manufacturing sector
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