Once again, the Rand has turned the tables on the Dollar, as we saw a massive push back below R15...
The ZAR never ceases to amaze, as in amongst the local
Another interesting week passes us by as markets waited in anticipation of how the new year was going to play out.
After every prediction for 2020 being completely smashed, many are
Volatility continues to abound in the markets - and it shows no signs of slowing down!
It was a strange week for the Rand as it traded sideways - but with
The tables turn again for the Rand, as we head back below R15/$...
...only for the tide to turn again later in the week!
With the volatility of markets today, it is
Another frantic week of market activity has passed us by, as 2021 market activity promises to be just as tumultuous (if not more so, based on our predictions) as 2020...
And
Welcome back!
I trust you had an excellent end of year break, and take this opportunity to wish you a healthy and prosperous 2021.
As we enter into a new year which
And just like that, before you could blink, we are already into December, and just a few weeks from shutdown.
Or is it lockdown?
We would hope not… but what a year
Another intriguing week has come and gone - as the Rand enjoyed more of the same testing down toward R15/$...
Once again, it was counter to logic.
We had clients contacting us,
Another week of intriguing market activity, but it was largely sideways when it came to the Rand vs Dollar, Euro and Pound.
Perhaps some respite was welcome for most after the
Well, well...what a week!
All eyes globally were on the US - but locally, all eyes were too on the Rand!
We are well and truly into the end of year helter-skelter
The perfect storm has hit, and the Rand had a rough ride initially as a result...
...only to pull it back towards the end of the week.
That was the long and
Well, well...what an intriguing week.
The Rand never ceases to surprise, as what was meant to be a watershed week for the Dollar with US Stimulus poised to be approved...
...and then
The tightrope for global markets to walk is very real right now, as they try to balance between the different economic, political and social news and updates.
For the Rand, this
There is never a quiet news week when it gets near the end of the year, and this last week was no exception!
As US elections and stimulus took center stage,
Just when anyone would think it is looking like one way traffic for the Rand, it pulls a surprise back out of the blue!
After seeing the market shed almost 100c
How the tables turn...
From the Rand running against all odds to break lower the week before, this week was a very different story, as we saw the local unit take
Never underestimate the Rand is an old saying we have had to come back to over the years, time and time again...
...just when everyone is writing the ZAR off, that
Another week of volatility plagued the Rand, as we saw more wild swings in value over the 5 days...
And it wasn't just the Rand, as all global markets suffered in
Volatility, choppy trade ... Rand up, Rand down ...
... this week had it all!
Wild swings seemed to be the order of the week, as we saw the local currency wobble