Another intriguing week of market activity has come and gone.
We live in very interesting days, where markets never do the same thing two days in a row...
...which comes with its
Another week, another volatile 5 days!
Otherwise known as same old, same old when it comes the Rand...
It was another week of chaos and a sobering look at the effects of
With the hopes of lockdown ending soon, the Rand enjoyed a better week, testing down from its R19 levels to almost break R18 to the Dollar...
...before losing everything all over
What a turnaround week for the Rand, as we saw a HUGE pullback against all the majors!
This could not have come a moment too soon for consumers and importers alike,
The crazy weeks continue to roll on by with the Covid-19 pandemic continuing to completely change life as we know it.
As for markets, they have been as volatile as ever,
Whew...the rollercoaster just doesn't stop, does it?!
We are living in some of the most unique days that man has faced - at least in recent times, with lockdowns across the
The Coronavirus fallout continued globally, with some of the once-in-a-lifetime charts playing out before our very eyes across stocks, currencies and more.
It was a Blitzkrieg on emerging markets as they
Anyone who thought that Coronavirus wasn't a "big deal" has changed their minds after this last week, as we saw global turmoil follow the spread of the virus.
Thursday was the
Reality always takes a while to sink in.
Many times, this is because of the after-the-fact analysis which takes place to see just where things stand.
And then panic and fear becomes
One of the most brutal weeks has come and gone, leaving global markets - including the Rand - in tatters.
It was a week of promise - one looking forward toward
Pressure has continued to sap the life out of the ZAR, as we see another week hovering in and around, and eventually over the R15/$ mark.
With a storm of both
Another interesting week for the Rand passes...
And what made it really interesting was how the Elliott Wave Principle telegraphed most of the week's moves before they even happened!
The global news
Despite the Rand's best efforts, it just cannot catch a break.
Back over R15/$ to end the week really added to the lack of optimism in the country... (which has been
Another choppy week for the Rand saw it touch its worst levels in a few weeks before its fortunes turned around and it managed to regain its losses plus some,
And we are back with our first Rand Review of 2020...
Trust you are feeling refreshed and rested - and ready and raring to tackle the new year with vigour!
It was
A traumatic week is over, with South Africans hoping for a lighter and brighter 5 days ahead...
Eskom dominated the headlines with rolling blackouts as high as Stage 6, wreaking havoc