USD/ZAR Higher Ahead of US Jobs on Carry Trade Hopes

OANDA Senior Market Analyst Alfonso Esparza talks with Alishia Seckam of Business Day TV in South Africa to discuss the the rise of gold as a safe haven, why the US dollar lost the crown to the yellow metal and what is in store for the rand as emerging markets rise on the verge of the first Fed interest rate cut.

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza