The unthinkable happened - but we warned you...
The unthinkable happened, as a battered and bruised ZAR managed to dragged itself over the line to end off a rather disastrous week...
We had given a hint in last week's
USD/ZAR
Back over R12/$: Is the Rand's run over?
A week of action transpired in South Africa, as Ramaphosa set about making plans for the next generation of business, infrastructure, and more. All of which require one major thing,
Trump, Russia & Syria: A Tough Test for Emerging Markets
Global tensions have continued to simmer this past week, reaching near boiling point...and then some after the week closed...
A horrific chemical attack in Syria sparked it all off. Followed by
Trade War: What does it mean for the Rand?
It has been brewing since Trump's election.
Trade war is always feared. It's messy, souring for international relations and potentially destructive to countries caught in the middle of it.
Worst of all,
Rand Loses Ground in Topsy-Turvy Week
Slightly belated, our Rand Review has arrived. I hope you all had an enjoyable and relaxing long weekend, and are ready for the short week ahead :)
We are back again
Rand rides the storm ahead of Moody's decision...
This last week turned out to be a great comeback for the Rand, on the back of a very poor start to it!
When we saw the market touch over R12.10
Rand breaks above R12/$ (as forecast) amidst an unsettling week...
A slow week for the markets, as we saw them tracking sideways for the most part.
The Rand held fairly strongly for the whole week...until Thursday/Friday, when we saw the market
The Rand holds, but for how long...?
Another week of uncertainty passes for the Rand...
It has been such an extended period of strength for the ZAR, that persons might have forgotten that these trends don't last forever
(We warned you...) Rand & SA euphoria suddenly turns to uncertainty!
It has been an extended period of positive sentiment in economic, political and financial terms for SA...
...but the the supposed 'Ramaphosa Effect' finally ran out of steam, and we were
Is the Rand's Remarkable Run About Over?
Another classy week from the Rand, showing its strength, as it traded in a small range, but holding strong once again.
A small range of 24c was all that separated the
Where to Next for the Post-Zexit Rand?
This was the week. The week of all weeks. The long awaited (more than 9 years for some!) fall of President Zuma, as he finally admitted defeat and resigned as
Rand Takes Global & Local Volatility in it's Stride
In a whirlwind week, the Rand was really caught in the middle of a global thunderstorm...
However, a volatile few days only created a range of around 20c - surprisingly low...
What
Rand slips back over R12/$...as predicted
Another week rolls by...
...and after making multi-year record lows in the past few weeks, it seemed as if the Rand had finally broken from its downward trend, and pushed
Rand breaks R12/$ barrier - what next...?
With the Rand momentum seemingly unstoppable, what is coming next as the incredible run continues...?
The Rand is booming. There is no doubt about it.
As we pushed through the
Breaking key levels, the Rand strengthens further...
While the Rand did not gain a lot in terms of value this week, it broke some key levels...
...and this meant that this week was deemed as a very
Rand keeps holding strong in 2018
Well, firstly - welcome to 2018 and our first Rand Review of the year - and trust you had a great break and have fully recharged!
The new year has
The Rand is fighting the tide...(and winning!)
What a week for the Rand, as the local currency made its best one week gain in 18 months!
Who would have thought a month back that the Rand would
Rand awaits ANC Conference with bated breath...
A tough week for the Rand - the noise is ever increasing around the local market, and it is struggling to keep above it all. Following one of the best
Rand gains over 50c after being junked...?
Well, who would have believed it...? We are into December already. Time sure has flown ... 2017 has been nothing short of a blur.
In fact, even this last week
#JunkStatus Strikes Again...
It has happened.
As long expected, the Rand was downgraded to #JunkStatus - but with some mitigation, as S&P dropped the guillotine, and gave SA a fat stamp of #JunkStatus