The Rand ceded ground to a buoyant Dollar and Brexit-stricken Pound Sterling Tuesday as financial markets await the latest financial results from ailing power utility Eskom, although multiple…
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Despite the Pound falling sharply against the South African Rand at the start of the new week, our technical studies suggest GBP/ZAR still has the potential to climb this week.
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The Rand fell sharply during the final sessions of trading ahead of the weekend after Moody's warned that a government plan to rescue ailing power utility Eskom is endangering South Africa's top cred…
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The Rand is vulnerable to a reversal of its recent gains over the coming weeks and months, according to analysts at Commerzbank, who say a government plan to save the ailing power utility Eskom fro…
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The Pound-to-Rand rate was trading around 17.28 Tuesday following six weeks of losses, although studies of the charts suggest the pair has now found support and could be due a period of sideways co…
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The Rand ceded ground to a stabilising Dollar and Pound Friday but the outlook for the currency going forward has now been dented by a South African Reserve Bank (SARB) interest rate cut and t…
Read more … →The South African Rand extended gains over the Pound and Dollar in the final session of the week as investors continued to reward the central bank's decision not to cut interest rates as much as th…
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The Rand could benefit disproportionately from a continued rally in emerging market because "real yields" on government bonds are at their highest in years, according to analysts at Bank of America…
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The Pound-to-Rand rate wass trading around 17.38 on Monday after having fallen almost a full percentage point thus far in the new week, but studies of the charts suggest the pair will probably stal…
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