The Rand slumped Friday as investors fled emerging markets and risk assets amid signs of another escalation in the U.S.-China trade war but analysts at Bank of America are tipping the South African…
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GBP/ZAR pivots into short-term uptrend and there is a possibility of a move up to top of long-term range.
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The Rand ceded ground to its major counterparts in a risk-off market Friday and is at risk of further losses in the months ahead, according to analysts at global banking giant UBS, who say the Sout…
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The Pound-to-South-African-Rand rate was trading around 18.24 at the beginning of the new week after closing the previous one -0.23% lower on Friday and studies of the charts suggest there's a risk…
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The Rand tumbled Wednesday as investors became less pessimistic in their outlook for U.S. growth amid renewed hopes of a deal to end the trade war between the world's two largest economies, and loc…
Read more … →The Pound-to-Rand exchange rate is trading at around 18.15 at the start of the new week after declining 1.53% in the week before. Studies of the charts suggest a risk of more downside subject to a …
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The South African Rand is looking set to record its fifth consecutive daily advance against the Pound on Tuesday, amidst ongoing weakness in the British currency whilst some better-than-forecast GD…
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The Pound-to-Rand exchange rate is trading at around 18.39 at the start of the new week after declining 1.4% in the week before and studies of the charts now indicate that the pair's recent short-t…
Read more … →South Africa's Rand ruled the emerging market roost Thursday amid renewed hopes the U.S. and China will return to the negotiating table, but the currency is tipped by Investec Bank to rise eve…
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