News

Daily Dose

21 September 2017

The rand recovered to close stronger yesterday after better than expected inflation figures suggested a further interest rate cut to spur economic growth. 

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Daily Dose

20 September 2017

The Rand continued to weaken as we closed yesterday’s trading session around 13.32 against the US Dollar, with Markets waiting on FOMC Meeting today and SARB on Thursday we had a relatively calm day. 

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Daily Dose

6 February 2014

So far this week most emerging market currencies have put in for significant recovery moves against the safe haven US dollar. However, that exchange rate stabilisation doesn’t seem to be drawing capital back into the troubled group

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Daily Dose

5 February 2014

Another volatile session on the currency markets again yesterday with the Rand in a 11.07-11.28 range to the USD in an almost mirror of Mondays range but just the other way round with the local unit retracing the previous day’s losses. The gains were on the back of poor data in the manufacturing sector in the US with the perception that this will slow the FED tapering down which in my humble opinion is ....

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