The Pound-to-South African (SA) Rand rate remains in an uptrend but is to continue trading with volatile swings as news around Brexit and domestic politics buffet the exchange rate.
Read more … →The Rand cruised higher against rivals in the final session of the week after the U.S. Dollar's advance was stemmed by an earlier sell-off in the American stock market, but Moody's latest credit ra…
Read more … →The Rand recoiled from earlier losses and surged higher Tuesday after President Cyril Ramaphosa appointed a former governor of South Africa's central bank to the post of finance minister follo…
Read more … →The Pound-to-South-African-Rand rate has reversed its previous downtrend and is now poised to extend its recent gains.
Read more … →The Rand ceded ground to the Dollar Thursday aftercomments from Federal Reserve (Fed) chairman Jerome Powell forced the emerging market currency complex onto its back foot but South Afric…
Read more … →Noted investor El Erian says it is too early for investors to buy back into struggling emerging markets, as trade spats will continue and potentially grow bitter in the long-term. This leaves the S…
Read more … →The Pound has started the week marginally higher versus the Rand but the broader short-term downtrend attaches a bearish bias to the forecast for GBP/ZAR and overall we think the probabilities favo…
Read more … →The Rand extended its week-long run of gains into the Wednesday session but analysts are warning the South African currency will soon come under renewed pressure if the Federal Reserve se…
Read more … →GBP/ZAR trend turns bearish short-term and the pair will probably fall to a region of several major moving averages if our technical studies hold true. The Rand will likely take cues from developme…
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