News
Daily Dose
23 September 2020
Turn around Monday! After all the hard work the rand did last week to trade down to 16.10 on Friday...
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21 September 2020
The ZAR opened around 16.15 on Friday and had a test lower to 16.08 before a turnaround to trade to a high in NY at...
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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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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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