31 March 2017 South African Rand: Far Bigger Losses Could Lie Ahead Warn RMB

The South African Rand has weakened substantially after the news that the Finance Minister Pravin Gordhan had been sacked by Jacob Zuma during a cabinet reshuffle.

Read more … →
28 March 2017 The South African Rand Might Have Overreacted

The Pound to Rand exchange rate is down by over 2% on fresh political intrigue in South Africa and market analysts set out their views on whether more losses are likely.

Read more … →
27 March 2017 5-Day Forecast for the Pound to South African Rand Exchange Rate

 There are signs the GBP/ZAR down-trend is getting a bit long in the tooth.

Read more … →
20 March 2017 Pound vs Rand: Studies Suggest Reversal Potential Which Could Put an End to the Battering

GBP/ZAR has been falling steadily for months, reaching yearly lows of 15.56 last Thursday after the Bank of England’s (BOE) hawkish (meaning wanting higher interest rates) rate meeting.

Read more … →
13 March 2017 Pound's Downtrend Against Rand Tipped to Extend: The Next Targets

With no major signs of the downtrend ending yet, we forecast GBP/ZAR to continue lower, with a break below the 15.7500 confirming a continuation down to 15.5000.

Read more … →
06 March 2017 South African Rand's Move Higher Against Sterling Becomes Increasingly Laboured

GBP/ZAR has now surpassed the 2016 October lows forged when hard Brexit fears were at their worst after Theresa May’s speech at the Conservative party conference.

Read more … →
28 February 2017 South African Rand Advances on Pound Amidst Emerging Market Favouritism

The South African Rand has gradually strengthened versus the Pound after the outlook for emerging market currencies brightened.

Read more … →
20 February 2017 Bruised Pound / Rand Exchange Rate Could Slip to Fresh Multi-Year Lows, but Politics Remains a Wild-Card

A triangle pattern has formed on GBP/ZAR with bearish connotations.

Read more … →
16 February 2017 Rand hits Multi-Year Best Against Pound as Carry Trade Returns with a Vengeance

The Pound to Rand exchange rate has this week fallen to its lowest levels since October 2013 when it recorded a conversion of 16.0685 in mid-week trade.

Read more … →