The Pound to South African Rand has fallen to the 16.70s - below the target of 16.80 we stipulated in our midweek review, there is still a chance the pair may rebound higher again.
Read more … →
GBP/ZAR has formed a short-term top and is currently breaking lower.
Read more … →
The Pound to South African Rand exchange rate has temporarily spiked higher to to political risks and it remains constructive from a technical perspective, with more gains expected on the horizon.
Read more … →
The South African Rand’s dramatic slump last week has left it looking notably undervalued, and therefore the prospect of a recovery over coming weeks is elevated argues the foreign exchange researc…
Read more … →
The South African Rand has plummeted in mid-week trade on news the ruling ANZ party has confirmed it stands 100% behind President Jacob Zuma.
Read more … →
The South African Rand is looking firmer in mid-week trade as bargain-hunters step into foreign exchange markets to pick up a bargain.
Read more … →
The decline in the South African Rand will certaintly continue over coming days argues an analyst at a prominent global investment bank.
Read more … →The Rand has plunged against major currencies during the past week after South African President Jacob Zuma fired the country’s respected Finance minister Pravin Gordhan, what are the charts saying…
Read more … →
Analysts at Rand Merchant Bank have told clients they expect South Africa’s credit rating to be cut at all ratings agencies following the removal of Finance Minister Pravin Gordhan.
Read more … →