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
Tuesday the 24th of August. It was seen to be a calm day in the markets.
The Rand was hovering around R13.55-60 to the US Dollar, and gradually strengthened throughout
I believe it is important to take a look back the past few months in order to get some clarity and perspective as to the foreign exchange markets and the
3 June 2016
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I have had several questions the past week or so on the chances of a rating downgrade by Standard & Poors (S&P), and what effect this will
5 April 2016
Well, that's the first quarter of 2016 behind us ... in a flash!
And if we all thought that nothing could get any worse after the events of 2015,
17 March 2016
Following feedback from our clientbase, it has been clear that a tutorial/guide/report has been needed in order to give clients a comprehensive overview of our Forecasting System and
29 February 2016
In December, the Reserve Bank reported that for the Quarter to September 2015, the Net Investment Position had turned positive for the first time since 1956!
This
15 December 2015
The week ending 11 December 2015 will go down in SA’s history, as will the few days following.
The markets seemed to initially shrug off the Fitch downgrading (to
1 December 2015
I have been asked a lot about this the past few weeks - what are the chances of a US interest rate increase in December?
In fact, it seems
30 September 2015
Getting up a tad earlier than usual on Monday morning this week was certainly worth it!
The Supermoon eclipse was a rare and magnificent sight – and one
19 August 2015
The Rand has pushed higher the past few days, threatening a test of R13.00 to the Dollar...
... a level last seen on that day (21 December 2001), when
5 August 2015
Financial markets have been pretty hectic the past few weeks.
And the past week has been a real humdinger, with the Rand making new mult-year 'lows' against the Dollar
13 March 2015
This is the last in this 3-part series of articles, in which we have shown how financial markets like the Rand can be likened to the movements of
3 March 2015
Last week we looked at the analogy of how foreign currency markets like the Dollar/Rand can be related to the ocean, and how there are cycles and moods
19 February 2015
We have heard some of these expressions before...and no doubt to some
degree have experienced them ourselves in a positive and negative way.
Perhaps the joy of simply
being carried by