The South African Rand has been forecast to head yet lower as it is seen as being overvalued by analysts at one major bank who follows the currency.
Read more … →The South African Rand (ZAR) faces further downside moving forward as export-commodity countries that rely on external financing to fund their current accounts are forecasted to see further data di…
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The South African Rand exchange rate (ZAR) is forecast to be undermined by a combination of a deteriorating domestic economic profile and the broader Emerging Market currency slump.
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Bank of America Merrill Lynch Global Research have forecast the US dollar exchange rate complex (USD) will rally in coming months, the question is which currencies are most exposed to such moves? …
Read more … →We hear from one exchange rate forecaster on the growing pressures the South African Rand is likely to face in coming weeks.
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Currencies are likely to remain tense after the Fed FOMC result and persisting Emerging Market jitters. Big intraday swings are forecast to persist for the Rand and Forint.
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The Turkish Lira (TRY) and South African Rand (ZAR) have stolen the limelight through the course of Wednesday's trading session as both central banks hike interest rates.
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Another day of hefty declines are being witnessed by the South African Rand courtesy of continued weakness across the Emerging Market currency sector.
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The South African Rand has been sent yet lower on global FX markets as global traders turn shy on emerging markets with Argentina offer fresh woes.
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