Rand Review - 20 Mar 2017
Well... Where do we even start reviewing a week like this? In perhaps one of the most startling turnarounds of the year, the Rand pulled off a heist of note,
Well... Where do we even start reviewing a week like this? In perhaps one of the most startling turnarounds of the year, the Rand pulled off a heist of note,
A week which began so well for the Rand... ...and then it all fell down in a heap. The past few months have seen consistent strengthening for the Rand, leading
A week which was neither here nor there... ...but more than enough see-saw activity to provide some headaches for those with a forex exposure. With positivity still booming, many were
Well, well well… Who thought the Rand had run out of steam at the end of the previous week? I think many did… ...but there was more left in the
What a comeback! After attacks from all corners with a horrendous State of the Nation, Bank Collusion scandals and more, the Rand pulled some wonderful tricks out the hat this
A new year has dawned... And for many, the year 2016 is one best forgotten. And for good reason too. Last year was one of the most tumultuous years
I talk a lot about how great the Elliott Wave Principle is. Dynamic Outcomes is reliant on it, with every forecast being worked out using it. But why would our
The State of the Nation. Or should we say, Chaos of the State of the nation? What else could be the talking point of this week? As
After a barnstorming previous week, we expected nothing short of exactly that, once again for this past week... And yes… our anticipation (more like worry), was not far wrong!
Hectic. Worrying. And yet, just as predicted... All these words are correct in their description of the past week - an exciting story of 5 days of manic moves, as
Another week. Another whirlwind week. Once again, the Rand’s movements were anything but normal. But then, maybe this is the 'new normal' after the past 2 years? Scary thought! As
2017. The new year had begun. The Rand had suprisingly ended December stronger than it had started it, contrary to popular worry amongst South Africans, after the last year's antics.
So... Over the last couple of days, I warned you as to how: Bank's are literally robbing most people every day on forex transfers... And then how SARS is
Yesterday we looked at how bank's are likely robbing you for transferring funds offshore. BUT... There is more to it. More frustration. More problems. More cost. A lot of people
With the Rand having one of its most volatile years, one thing to be thankful about is that we aren't at the levels that we were last year this time,
This was a rather topsy-turvy week for the Rand, with the defining event being the US Fed announcement of increased interest rates for only the second time in a decade.
You win some, you lose some... ...and the Rand could not seem to decide which it was going to do this past week. After dodging the #JunkStatus bullet,
A week which started so well for the Rand, had a mid-week collapse, and then gained most of it back again. On the back of escaping Moody's and Finch's #JunkStatus