The South African Rand weakened versus the Pound on Friday after emerging markets fell out of favour with investors, and political risks dominated the horizon.
Read more … →
The Pound to South African Rand is in a long-term downtrend as reflected by the fact that it is still trading under a major trendline.
Read more … →The Rand is falling against the Pound due to political and economic risks as the new trading week begins.
Read more … →
GBP/ZAR has traded in wide, volatile, daily ranges after political and economic development but what is the outlook for the week ahead?
Read more … →
Unfortunately for those anticipating a stronger South African Rand, the momentum indicator MACD has been going sideways and not confirming the new downtrend.
Read more … →
It would be easy to suggest ZAR is outperforming owing to a review by Fitch Ratings, but RMB are sceptical that this is the driver behind ZAR at present.
Read more … →
Jacob Zuma’s survival at the helm of South African politics appears to have depressed the Rand at the start of the new trading week.
Read more … →
The Rand is one of the best-performers amongst the world’s top 20 currencies amidst these political developments and a broader global backdrop that has benefited this and other commodity-linked cur…
Read more … →