The Rand pared losses against rivals in a risk-off market Thursday after President Cyril Ramaphosa set out plans for righting the capsized ship that is national power utility Eskom, and reaffi…
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The Rand can continue its New Year rally for a while yet, according to analysts at Morgan Stanley, who are betting on the South African currency even as concerns about wobbly national power u…
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GBP/ZAR could extend fall in descending channel suggest technical studies with a break below 17.30 likely to be key bearish confirmation level. The State of the Union Address dominates the domestic…
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Foreign exchange strategists at Goldman Sachs say they remain confident the South African Rand should remain well supported going forward.
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Despite the Pound's gains against ZAR last week, the technical outlook is actually on balance bearish - the pair is in a longer-term downtrend which is expected to continue.
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The Rand weakened Thursday after the South African Reserve Bank (SARB) said the nation's inflation outlook has improved significantly since its November policy statement and there is now less reaso…
Read more … →From a technical perspective, the GBP/ZAR exchange rate is in a broader technical downtrend that has been live since the late December 18.66 highs were rejected.
Read more … →The Rand scored more gains over rivals Thursday as the South African currency continued to benefit from a U.S. Federal Reserve that's becoming more conscientious about the economic impact of its mo…
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The Pound-to-Rand rate has fallen for seven consecutive days in a row and is likely to continue trading with a bearish bias in the week ahead.
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