08 April 2021 South African Rand's Outperformance Puts USD/ZAR Under Strain 

The Rand has outperformed all major developed and emerging market rivals over multiple timeframes, placing pressure on a key USD/ZAR support level that is the last technical impediment to more than…

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29 March 2021 South African Rand Outperforms as January 2021 Lows Underpin on the Charts

The Rand edged lower against the Dollar, Pound and Yen on Monday but had strong technical support around its January lows on the charts, while the South African unit otherwise outperformed all majo…

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25 March 2021 South African Rand Outlook Smoothed after SARB Raises Forecasts and Asks for Currency Strength

The Rand was soothed and the outlook for it smoothed on Thursday after the South African Reserve Bank (SARB) upgraded its forecasts and gave the currency market a not-so-subtle hint that it has no …

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22 March 2021 Stay Bullish on South African Rand: Soc Gen

Foreign exchange strategists at a leading European investment bank say they are compelled to retain an optimistic stance on the South African Rand's outlook.

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16 March 2021 South African Rand Seeking Direction from Fed Decision and SA Retail Data

The South African Rand was little changed on Tuesday having recovered from last week's sell-off but may lack direction until after Wednesday's Federal Reserve (Fed) decision, which has implications…

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11 March 2021 South African Rand Rides Out Global Bond Rout but Risks a Reckoning with SARB Later in 2021 

The Rand outperformed on Thursday and could remain on its front foot if Commerzbank is right in suggesting the South African unit will weather any further turbulence in the bond market, althou…

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09 March 2021 South African Rand Rallies Back from Brink as GDP Surprises and Dollar Folds

The Rand had rallied back from the brink of a technical precipice on Tuesday as the recently-resurgent U.S. Dollar appeared to fold across the board and South Africa's economy surprised on the upsi…

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03 March 2021 Pound-Rand Exchange Rate Seen in 20.75 to 21.32 Range This Quarter 

The Pound-to-Rand exchange rate advanced on Wednesday, building on an already handsome gain for the week as it lifted off from a likely range floor for the second quarter, as South African exchange…

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24 February 2021 South African Budget Gets Thumbs Up Before Rand Slips amid Dollar Bounce

The Rand showed reslience in the wake of earlier gains as finance minister Tito Mboweni set out a 2021 budget plan that appeared to be given a thumbs up by the currency market on Wednesday, before …

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