Risk trends are likely to dominate the movement of the South African rand in the week ahead, which given the less negative than expected impact of Brexit, may be positive both for risk appetite and…
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The South African rand continues to strengthen against the weaker pound, after inflation data showed a slight rise in price growth in June. This week the South African Reserve Bank is also set to m…
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The pound to South African (SA) Rand traded higher, reaching the 19.20s on Thursday after the BOE decided the economy was sufficiently strong not to require more stimulus
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Zimbabwe should ditch the US dollar and adopt the South African Rand in order to lower domestic prices and increase international competitiveness.
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GBP/ZAR may look a little overextended on the charts but as long as there is no sign from price action of it actually reversing the outlook continues to be bearish.
Read more … →The British pound and South African rand are both outperforming at the start of the new week as markets prepare for a Remain vote to carry the day in Thursday’s UK referendum on EU membership.
Read more … →For those watching the development of the rand’s 2016 journey must be aware that this week will see the ZAR reaching a crossroads.
Read more … →Such has been the strength of the surge in sterling versus the rand, the trend is likely to push higher for now
Read more … →The South African Rand’s rally against the US dollar, euro and British pound continues; what are the key levels to consider over coming days?
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