The Rand advanced against rivals Wednesday after official data took the market by surprise when it cast China's economy in a resilient light for the first-quarter, prompting traders to bid for the …
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The Pound has been under pressure against the Rand over recent weeks but our analysis looks to a technical support level to provide near-term relief.
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The South African Rand is being tipped to endure a tough first half to 2019 by one of South Africa's largest lenders, Standard Bank. However. The second half of the year should see the currency sta…
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Our latest technical forecast for the South African Rand against the British Pound shows ZAR is likely to hold the advantage over coming days.
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The South African Rand is seen outperforming its peers on global currency markets in light of Moody's decision to affirm South Africa's sovereign debt rating at investment grade.
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The Pound-to-South African Rand rate was trading around 19.00 on Monday, up a fraction from its Friday close, and studies of the charts suggest there is scope for the market to go on trending highe…
Read more … →The Pound-to-South African Rand rate was trading 19.13 Monday after rising 1.9% during the previous week before and, although the exchange rate remains in a clear uptrend, a short-term period of co…
Read more … →The South African Rand, which is considered undervalued by some experts, is expected to see a rebound in the second half of 2019 according to South African lender Standard Bank.
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GBP/ZAR reaches price ceiling and reverses but bearish signs insufficient and uptrend technically still intact. This week the Rand will be subject to global investor sentiment says RMB analyst.
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