Rand Stages Rapid Recovery against Pound and Dollar after Government B…
The Rand was volatile Wednesday after Finance Minister Tito Mboweni set out its latest budget...
Pound Tipped to Extend Uptrend vs. South African Rand, Budget Statemen…
Investors are seen selling the South African unit ahead of the country's annual fiscal statement...
The South African Rand is a Sell ahead of Next Week's Budget says UniC…
The Rand will be vulnerable to further losses during the months ahead, according to analysts...
The South African Rand "Risks Further Weakness" after Moody…
The Rand is at risk of fresh weakness during the months ahead according to economists...
Pound vs. South African Rand Rate in the Week Ahead: Birth of New Shor…
From a technical perspective, the short-term trend in the Pound-Rand exchange rate may be changing...
Rand Rebounds after Ramaphosa Grabs Eskom by the Horns in SONA 2019
The Rand pared losses against rivals in a risk-off market Thursday after President Cyril Ramaphosa set out plans for righting the capsized ship that is national power utility Eskom, and reaffirmed…
The Rand Is a Buy Says Morgan Stanley, Even as Eskom Worries Pervade
The Rand can continue its New Year rally for a while yet, according to analysts at Morgan Stanley, who are betting on the South African currency even as concerns about…
Pound vs. South African Rand 5-Day Outlook: Downtrend in Place, SONA Key Domestic Event to Watch
GBP/ZAR could extend fall in descending channel suggest technical studies with a break below 17.30 likely to be key bearish confirmation level. The State of the Union Address dominates the…
South African Rand Outlook: Goldman Sachs Staying "Constructive"
Foreign exchange strategists at Goldman Sachs say they remain confident the South African Rand should remain well supported going forward.
Pound Decline vs. South African Rand Could Resume this Week
Despite the Pound's gains against ZAR last week, the technical outlook is actually on balance bearish - the pair is in a longer-term downtrend which is expected to continue.
South African Rand Slips after Reserve Bank says Fewer Rate Hikes Needed
The Rand weakened Thursday after the South African Reserve Bank (SARB) said the nation's inflation outlook has improved significantly since its November policy statement and there is now less reason…
Pound-to-South African Rand Rate in the Week Ahead: Declining in Line With Dominant Downtrend
From a technical perspective, the GBP/ZAR exchange rate is in a broader technical downtrend that has been live since the late December 18.66 highs were rejected.
Rand Continues to Reap What Fed has Sewn but Domestic Politics Mean Volatility Will Return
The Rand scored more gains over rivals Thursday as the South African currency continued to benefit from a U.S. Federal Reserve that's becoming more conscientious about the economic impact of…
The Pound-to-South African Rand Rate in the Week Ahead: Bearish Bias Remains in Place
The Pound-to-Rand rate has fallen for seven consecutive days in a row and is likely to continue trading with a bearish bias in the week ahead.
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