Quiet Week for the Rand amidst Sideways Trade
Another week, and a more quiet-ish one for the Rand. The market has been pretty stuck in the sideways band of trade, pivoting between the R14.00-14.55 range over the last few
Rand pushes R14.50 before US Jobs Report
Another week, another rough ride for the Rand! The unwinding of the positive sentiment of the last few months has not taken long, as the Rand now sits more than 110c
USD Rally Slows to Give Rand a Break...
And breathe... The Rand took a slower week, giving everyone a chance to take a breather and recalibrate after a frantic few days. The last few weeks have seen the Rand shed
Fed Alarm Sends Rand to R14...did you see it coming?
Well, now it is official... The Rand party is over. For some (namely, exporters), it couldn't have a come a moment too soon. With the incredible run of all of 597c from 6
Eskom Crisis gives Rand jitters to back over R13.70
Eskom trouble for some time... ...but this week things have really taken a turn for the worse, sending the power utility into crisis mode. From being close to keeping up with demand
Rand Rally continues to astound economists
The Rand continues to blow past expectations, moving ever stronger against the Dollar. The turnaround neared R6 stronger from where we were in April last year, when there was that blowout
Rand roars to a 27-month best!
Once again, the Rand has defied expectations... What could cause the local unit to strengthen to 27 month record levels against the Dollar? The economists scrambled for ideas, explanations and ideas as
Rand edges to sub R14/$...how low can it go?
Another week, another 5 days of indecision as the Rand slowly edged stronger. Back under R14/$ is good news for importers and investors (not so good for exporters!), but although it
Global tensions rise ever higher...as ZAR treads water
There always seems to be over-confidence and complacency, particularly in markets & economics, before disaster strikes. ... a relaxed care-free atmosphere, as if there is no danger at all. And then suddenly
Turnaround time for the ZAR...back to R14/$?
Another week, another Rand turnaround... Such has been the stability of the local unit been over the last 3-4 weeks, we have seen it trapped in a mere 40c range. This is
Rand breakout arrives as ZAR weakens vs Majors
A quiet week in the markets has passed us by, as we continue to wait on a bigger Rand breakout... It was still a week of plenty action, as we continued
Rand in limbo...is a breakout coming?
A quiet week in the markets has passed us by, as we continue to wait on a bigger Rand breakout... It was still a week of plenty action, as we continued
Rand rallies to 15-month record levels...where next?
So onward the Rand train runs! The Dollar's decline from last week has continued and the Rand has really taken advantage of it, strengthening to pre-pandemic levels. The irrationality of markets is
Rand tracks sideways...when will the breakout come?
So far, from the 1st of April the Rand has continued to play the fool, as the local unit has edged even stronger against the Dollar, Euro and Pound to
Dollar roars stronger as the Rand wobbles...
And the Rand rollercoaster continues... Just as the market thought the Rand was trending stronger, everything turned on its head again. This time it was right from the start of the week,
Rally of the Rand continues despite Eskom woes
Another week passes by, and another week of Rand wins at the same time. It was another one dominated by global news, as the US stimulus and economic outlook were the
Rand roars back as US Stimulus arrives...what next?
Well, well… who would have said? The Rand never ceases to amaze, as it once again turned the tables on the Dollar. Crazy...but that is how it goes. Yet every time this happens,
Rand weakens further as markets await US Stimulus
The Rand was in need of good news to start the week, and good news it got with big announcements from Ramaphosa on lockdown. However, it wasn't enough to stop the