Rand keeps riding waves of global uncertainty
Never a dull week in the trading world…
…and last week was an absolute doozy!
Q3 shocked the world, tossing up market turmoil, runaway interest rates, and firmly embedded the reality
Rand Reviews
Dodgy Rand records a new 28-month low… where to next?
In what was a relatively light week of domestic economic data, the rampant greenback continued its path of destruction...
...leaving riskier currencies like the Rand scrambling for cover. Investors could have
Rand wilts as Dollar surges...and Eskom crisis intensifies
Mid-month madness!
That’s the best way to describe the past week...
...as incoming interest rate decisions were set to plunge markets into more chaos.
Between bumper rate hikes on the cards locally, Eskom
Rand battered as Dollar reignites...
With key data releases scheduled for early in the week, investors were expecting major market movement as they continue to try and make sense of the conundrum that is the
Rand extends record lows...where to next?
A busy week for local and international economies...
...but it seemed like it was one-way traffic for the Rand as the local unit extended its losses to record a 2-year low
Rand unravels to weakest levels in 2 years...
And as we head into the final lap of Q3, the markets continue to keep everyone on their toes.
Following last week’s highly anticipated Jackson Hole symposium and the brief but
Rand Wobbles But Holds On...when will it break?
Another week, another day of the Rand largely holding it's own against the Dollar.
Come what may, it seems the Rand just cannot be flustered despite the slew of potentially market-unsettling
Rand hands Dollar a hiding...but will it last?
Another radical week for the Rand against the Dollar as it defied expectations, bucked the trend and much more, leaving many void of words to explain how it was all
Rand Treads Water Amidst Worldwide Uncertainty
The unwavering strength of the Rand continues, as it withstands the bombardment of global uncertainty and concern over the Russia and Ukraine situation.
And that is before local troubles too, which
US Inflation Sends Rand Packing...where next?
What a week!
Volatility, volatility, volatility. The markets have clicked into 6th gear heading into yearend, right as inflation and more starts to tick up to scary levels.
The Rand has been
Rand Trainwreck With Eskom, Elections...where next?
What a week, and what a turn of fortunes for the Rand - as it all too quickly went from bad to worse following the collapse of Eskom's energy supply.
As
Another uncertain week for the Rand...
Another week, another fascinating few days of trade and all of a sudden we are into the last quarter of the year.
And this is often one of the more volatile
Rand back below R15/$...just as per Elliott Wave!
Another week, another fascinating few days of trade and all of a sudden we are into the last quarter of the year.
And this is often one of the more volatile
Rand edges lower...but is momentum waning?
Another week, another win for the local currency, as the Rand turned the tables on the Dollar.
A most unusual few days one has to say, as the Dollar actually recovered
Rand roars stronger...is R14/$ next?
What a week for the Rand, with another rollicking performance against the Dollar, Euro and Pound.
As a wide range of global events took hold of the headlines, the local unit
Rand collapses as Middle East descends into chaos
Phew, what a week in the markets - and in the world!
The Rand is now on the ropes following a staggering decline over the last few weeks, now sitting well
Flimsy Rand Just Holds On...but what's next?
Another week, more choppy waters for the Rand, as we saw the market bouncing backwards and forwards, as uncertainty abounded...
The unwinding of the period of Rand strength this year is
#Reshuffle leaves Rand in a mess...where next?
What was set to be a quiet week of market activity with the Rand on the front foot was once again turned on it's head.
How is it that the Rand
Some Rand Relief...but plenty risks abound
Well, well… as the endless repetition of the tightening and easing of mindless, ineffective lockdowns continues, the future remains as uncertain as ever.
For once, this week it was a move
Rand rushes towards R15/$...what next?
Rand volatility continues, but the trend at the moment is all one way...
Despite the rioting and looting stopping, the Rand has not fared very well at all.
Factually, the long term