The Rand extended a stellar run of gains on Friday and many say that it has scope to rise even further in the weeks ahead however, analysts at Rand Merchant Bank (RMB) and Morgan Stanley have warne…
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The Pound-to-Rand exchange rate is trading at around 17.69 on Tuesday, after a 0.2% decline already so far this week, and studies of the charts suggest the pair could go lower subject to a break be…
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The Rand softened during the early noon session Wednesday but it's likely to return toward its February highs against the Dollar over the coming weeks and months according to technical analysts at …
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The Pound-to Rand exchange rate is trading at around 17.83 on Monday morning, after falling over two percent in the previous week, but studies of the charts suggest the pair could go sideways after…
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Studies of the charts still suggest there is a chance of a recovery in the Sterling-Rand exchange rate unfolding within a broader range over coming days.
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The Rand was trading higher against a weak Dollar and Pound on Friday as investors bid for the South African currency following President Cyril Ramaphosa's third State-of-the-Nation address and ami…
Read more … →The Pound-to-Rand exchange rate is trading at around 18.28 as we reach the middle of the week, already 1.85% lower since Monday's open, but studies of the charts suggest a rebound is on the cards a…
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The Rand surged on Tuesday in response to a cocktail of events that acted like an adrenaline shot in the arm for so-called risk assets and could have further to run, according to analysts at C…
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The Rand is on course for more punishing losses during the months ahead, according to technical analysts at Bank of America Merrill Lynch, who say studies of trends and momentum on the charts sugge…
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