News

Daily Dose

25 May 2018

A confused rand traded in a 12.40-12.55 range for the day, as traders waited for the result of the SA Monetary Policy Committee meeting. 

read more

Daily Dose

24 May 2018

The Rand had a volatile session yesterday, trading between a high of 12.68 and a low of 12.40 against the dollar.

read more

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

read more

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 ....

read more