The Rand caught a breather Thursday as the Dollar crumbled in response market bets the Federal Reserve (Fed) will soon step up the pace of its interest rate cuts, although analysts are divided in t…
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The South African Rand slumped Wednesday after national electricity supplier Eskom said it would begin load-shedding following a failure of its power generating assets, just as President Cyril Rama…
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Despite recent gains by Sterling against the Rand, studies of the GBP/ZAR charts continue to show the pair consolidating beneath tough resistance from a major trendline which could ultimately cap g…
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South Africa's Rand stalled close to its October highs at the beginning of the new week amid waining optimism over the outlook for the U.S.-China trade dispute, although a government plan for …
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The hard-hit South African Rand was granted two lifelines this week that sees it approach the weekend on the front foot.
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The Rand was clobbered Tuesday after the influential investment bank Renaissance Capital tipped South Africa to lose its 'investment grade' credit rating next month, although many forecasters say t…
Read more … →The Pound-to-South-African-Rand is trading at around 18.66 at the start of the new week, up 0.40% so far this week, but studies of the charts suggest the pair may start consolidating beneath the to…
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The Rand advanced against the Pound and Dollar Wednesday after the governing African National Congress (ANC) appeared to offer support for a long-awaited reform program including specific proposals…
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Studies of the charts suggest Pound-Rand could rise up a little further in the short-term but then after that it will probably pull-back on encountering tough resistance. Oil prices, global risk tr…
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