Rather a sorry week for the Rand... Election jitters, Eskom and a stronger USD made for poor reading...
The clock is really ticking toward the finale of election time for the
Choppy waters for the Rand, as the short week saw the Rand bouncing around R14/$...
The market has mostly tracked sideways between 13.90 and 14.25 or so for most of April
A week of confusion for economists has come to a close, and a new one has begun...
It was another strange week of economics, where nothing that happened really tied up
Another interesting week in the markets as the Dollar continued to lose ground against the Rand...
...as did the Euro and Pound, as Brexit tensions reached an all time high.
It was
Firstly it was a turning of the tables, as the Rand overcame a number of key issues at home to rally hard against the Dollar!
And with some (apparent) bright news
Brexit tensions have left international markets in an absolute shambles after all the chopping and changing at the 9th hour before the Brexit deadline.
The Rand, being one of the emerging
This week was one of the turning points in SA's history, you would have to say, as some of the most anticipated national issues were addressed.
Ramaphosa had a busy week,
A topsy-turvy week for the local currency saw a wide range of trade against the US Dollar, amidst a slew of events from the US side of the pond.
There was
Well, well...what a week!
February 2019 continues to be one of the most interesting months in recent times when it comes to the Rand and SA's economics and politics.
This week was
And like January was all just a dream, we have suddenly come back down to earth in February...with a bump!
What a disastrous few days for the Rand.
Between Eskom, load shedding,
As it so often is, after a cracking turnaround from the Rand, a bump back to reality arrives...
A weaker Rand is not always bad news though.
It brings some relief to
What a week for the Rand!
After a stagnant few weeks, hovering in the R13.50-R14.00 trading range, the Rand made its move in pulling to the best level of 2018, to
Well, the Rand was back to its topsy-turvy self this last week, with a wide trading range keeping exporters, importers and traders on their toes for the full 5 days...
And
The headline from Fin24 said it all:
"Traders suddenly dare to believe in an emerging-market rally"
The Rand has kept on the front foot, very steadily and slowly over the last few
Welcome to 2019 - or rather, our first Rand Review of 2019, as back-to-work mode starts in earnest. Trust you have had a well-deserved rest and are refreshed and charged
Welcome to our last Rand Review of 2018...
Phew!
A tumultuous week draws to a close...what next?
The Rand was relatively stable despite the week, but really, what next was going to be
A rosy November suddenly seems a long time away a battling Rand...
The plague of Eskom, Land Expropriation and political disunity continued to hurt the local currency...
...not to mention the Trade
Well, what a week!
The Rand’s marvelous November ended on a high note (apart from Friday!)
For the second time running, the Rand seems to be having a magnificent end to the
Some thought a few months ago, in the midst of the Turkey crisis, that we would never see sub R14/$ levels again...
...well, that was just what we got this week,