Rand Targets Key Fibonacci Levels
This year is certainly turning out to be a humdinger for the Rand – surprising exporters and importers, investors, economists and apparent pundits with the extent and volatility of its
Central Banks Set Interest Rates – Or Do They?
It is a commonly accepted belief that Central Banks are in control of a country’s economy, and that one of the most powerful levers they have at their disposal to
Rand Hits 10.2830 - Debunking Market Mover Myths
5 June 2013
It was really ironic that this was thrown at me again last week. The same old argument...
Ironic because, unbeknown to them, the Dollar/Rand was in the process of
Gold Loses its Lustre – in More Ways than One
Gold has been back in the news again – but for the wrong reasons this time.
Up to very recently, it has been an incredible ride for gold. In fact, gold
Rand Hits Worst Level in 4 Years...as Predicted
The Rand hit 9.3655 against the Dollar on 21 March 2013 (its worst levels in 48 months) and in so doing, broke through a critical level of 9.1750 - which
Rand Outlook for 2013 Remains Bearish
It has been a pretty choppy ride for the Rand the past year, and a difficult one for exporters and importers alike.
The question is – What does 2013
Fiscal Cliffs, Forest Fires and Fallacies
The Fiscal Cliff has been the buzz-word in financial markets of late, and is re-elected President Obama’s first major headache of his second term.
What is it all about?
In essence, it
A GPS for the Rand and other Markets?
Have you ever wished you had a GPS to help you navigate the Rand movements against the Dollar, Euro and other markets?
Or perhaps, to put it in other words (or
Surviving Superstorm Sandy...and the Markets
Hurricane Sandy certainly lived up to its reputation of being the "perfect storm"...
In fact - a Superstorm that is possibly the worst in US history, with tens of millions being
Rand Hits 9.00 to the Dollar - Surprised?
The Rand hit a three-and a-half year high on Monday 8 October to close in on 9.00 to the Dollar (8.9968 to be precise).
And of course, as usual, economists
Is Today YOUR 9/11?
SEPTEMBER 11, 2001...
....THE DAY THE WORLD CHANGED FOREVER...
The day will forever be etched in all our minds. We still remember where we were when we heard the unimaginable news. We