22 June 2021 South African Rand Nears Support on Charts as SARB Rate Stance Underpins

The Rand saw widespread losses on Tuesday which lifted USD/ZAR close to nearby resistance levels on the charts and left the outlook for the South African currency hinged on whether a supportive Sou…

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15 June 2021 South African Rand’s Resilience Puts GBP/ZAR Under Pressure

The South African Rand has shown resilience thus far in the new week even with the Dollar in demand ahead of an important Federal Reserve (FOMC) policy decision, which has put a lid on USD/ZAR and …

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04 June 2021 South African Rand: Rising Covid Cases Not a Concern for the Currency says Credit Suisse

A constructive stance on the South African Rand's outlook is the consensus one amongst amongst analysts we follow, with one major investment bank now saying the currency will be unfazed by the coun…

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02 June 2021 South African Rand "Significantly Undervalued" says JP Morgan Eyeing Rhodium Prices

South Africa's surging earnings from Platinum and other related precious metals has boosted the country's trade account with the rest of the world to the extend that the South African Rand is left …

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25 May 2021 South African Rand Could Rally Further On Renminbi’s Rising Tide

The Rand tested new multi-year highs against the Dollar and weighed on GBP/ZAR this Tuesday as China’s Renminbi pushed USD/CNH to its lowest level since June 2018 in developments that could be indi…

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20 May 2021 South African Rand Seeks Retest of 2021 Highs after SARB Signals Ease with Rally

The Rand outperformed on Thursday after the South African Reserve Bank signalled ease with the currency’s 2021 rally when staying a steady policy course for the month of May, leading USD/ZAR to div…

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19 May 2021 South African Rand Resilient in Global Risk Rout as Charts Flag Consolidation

The Rand outperformed a range of major currencies in the midweek session even as global stocks came undone and stability returned to major economy bond markets, although technical analysts studying…

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17 May 2021 South African Rand Slips on Commodities Dip, SARB Ahead

The South African Rand slipped against major currencies early in the new week as commodities softened following a mixed bag of Chinese economic figures, pulling the currency further from late 2019 …

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12 May 2021 South African Rand Eyes New Milestone Highs

The Rand was within arm’s reach of new milestone highs against the Dollar on Wednesday and levels that could be sustainably achieved over the coming weeks if ongoing developments in the U.S. bond m…

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