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…
Read more … →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…
Read more … →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 …
Read more … →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.
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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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