The Pound to Rand exchange rate has stabilised above the 19.0 handle with support from a turn higher by the U.S. Dollar but would likely struggle to advance beyond the nearby 19.90 level if USD/ZAR…
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The Rand built further on a lengthy run of outperformance in the midweek session after official data cast South Africa’s economy in a brighter light than markets previously viewed it, which has in …
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The Pound to Rand rate fell to its lowest for almost two months early in the new week but could be likely to stabilise above the nearby 19.27 level over the coming days after the South African curr…
Read more … →The Pound to Rand exchange rate is trading within a narrowing consolidation range that could be likely to span the gap between 19.4733 and 19.8564 in the days ahead, although directional risks may …
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The Pound to Rand rate eased lower in the opening session of the new week and could be set to remain sidelined beneath its early May highs as the South African currency benefits from a supportive c…
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The Rand extended an earlier rally with further sharp gains over many counterparts after the South African Reserve Bank (SARB) announced its largest increase in its cash rate for six years and rais…
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The Pound to Rand exchange rate has sat out a rally in Sterling and would likely be at risk of slipping back toward its May lows in the days ahead if China’s Renminbi furthers a nascent rebound and…
Read more … →The Pound to Rand exchange rate has attempted to further its April rebound in recent trading but could struggle for upward momentum on any recovery above 20.00 and would be at risk of sliding back …
Read more … →The Pound to South African Rand exchange rate reversed its late April gains at the opening of a holiday-shortened week but could be at risk of slipping back toward last month's lows in the days ahe…
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