Rand was firm after SARB rate decision to lower interest rates by 0,25%. The rand initially moved to 13,03, but strenghtened from these levels. Currently trading … Read More
This is what happened to the Dollar against the Euro since this morning 3am. Donal Trump moved into the lead with 244 seats for the Republican … Read More
Below is a 15min chart portraying the Rand/$ move over the past day. The Rand started weakening in ‘short-term’ trend since yesterday afternoon on the back … Read More
The U.S. Federal Reserve Bank leaves interest rates unchanged as expected at <0.5% causing the Dollar to weaken to $1.12/€ whilst the Rand gained significant strength … Read More
This could be a spanner in the works for some grain bears…The Rand weakened approximately 2% from the grain session close to R14.73/$ after Futuregrowth Asset … Read More
The Rand shot higher, weakening more than 50cents against the Dollar, late yesterday afternoon after it was reported on a news website that the Hawks had … Read More
The Rand rallied in strength reaching new 9month’s highs against the Dollar after the Bank of England cut interest rates by 25 basis points as well … Read More
The Rand rallied in strength against the Dollar on Friday afternoon after U.S. advance GDP missed expectation causing a weakness in the Dollar. The Rand plunged … Read More
Below is a 1hour chart portraying the price action for the USD/ZAR currency pair. A quick analysis shows the Rand gaining good strength but found support … Read More
Over the past week the Rand continued to gain strength against the Dollar. Gains were followed by some sideways trade after which further strength was … Read More