Extreme Week for Rand, Markets, Ministers and Emotions
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
Rand weakness
What a Week! What Now?
3 September 2015
Wow, what a week and half it has been!
We said the Rand was at a critical juncture in my last post, and so it was.
But it wasn’t
Dollar/Rand at Critical Juncture
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
Rand at Extreme of Pattern and Sentiment
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
Rand Bearish As It Bounces Off Support
6 June 2014
Since hitting a high of 11.38 to the Dollar at the end of January, the Rand enjoyed a full 3 months plus of bullish gains.
But just when it
Rand Hits Worst Level in 4 Years...as Predicted
The Rand hit 9.3655 against the Dollar on 21 March 2013 (its worst levels in 48 months) and in so doing, broke through a critical level of 9.1750 - which
Rand Hits 9.00 to the Dollar - Surprised?
The Rand hit a three-and a-half year high on Monday 8 October to close in on 9.00 to the Dollar (8.9968 to be precise).
And of course, as usual, economists