Daily Dose

15 June 2021

The rand trading again with a slight negative bias. The local unit trading up to 13.80 as demand for dollars continues, and the market awaits the Fed tomorrow. Local investors continue squaring up short positions ahead of a local holiday tomorrow and the Fed’s FOMC. 

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Daily Dose

14 June 2021

A stronger dollar across the board, local position squaring ahead of a short week and the Fed FOMC on Wednesday were all the catalysts for the rand to finish the week weaker.

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Daily Dose

1 March 2021

The start of a new month. The President last night downgrading our lockdown to level one from level three in an effort  ... 

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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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