GBP/ZAR’s short-term uptrend to extend, but there is growing risk of a pull-back as short-term price action weakens.
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The Rand was in retreat Thursday as the Dollar and other major currencies rebounded in response to another so-called inversion of the U.S. bond yield curve, which comes ahead of a landmark speech f…
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The Pound-to-Rand exchange rate is trading at 18.58 at the time of writing, down 0.80% on the day in line with broad-based Sterling weakness, however, the pair rallied 1.32% in the week before, and…
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The Rand was left wounded Wednesday after suffering disproportionately during another global sell-off in so-called risk assets, but analysts at Investec say the South African currency is likely to …
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The GBP/ZAR exchange rate is in a new short-term uptrend which is likely to extend should a major resistance point be surpassed.
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The Rand sank against the Dollar and Pound Friday in response to a cocktail of adverse headlines both international and domestic, although analysts are turning increasingly cautious in their outloo…
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The Pound-to-Rand exchange rate is trading at around 18.05 at the time of writing, up 0.40% already on the week before, and studies of the charts suggest the pair will probably continue its new upt…
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The Rand slumped at the opening of the new week Monday as many emerging market and commodity currencies were dragged into the red by a falling Chinese Renminbi, but there is still plenty of scope f…
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The outlook for the Rand has deteriorated, according to Johannesburg based Standard Bank, who have revised down their end of year forecasts.
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