Tag: Rand
SGX FX partners with Rand Merchant Bank to enhance opportunities for South African Rand trading
SGX FX has confirmed African corporate and investment bank Rand Merchant Bank (RMB) as its newest liquidity p [...]
Rand Remains Steady after Local CPI Inflation
USD/ZAR Key Takeaways:1. Moderate Decrease in Inflation: In March 2024, consumer price inflation for urban areas saw a slight decrease to 5.3% from 5. [...]
Rand Marginally Weaker after Local CPI Inflation
Local CPI Key Takeaways:1. Consumer inflation in South Africa increased in January 2024, driven by rising prices for food, housing, utilities, transpo [...]
Rand Rallies on Dovish Fed
RAND TALKING POINTS & ANALYSISFed narrative changes leaving rand supported.SARB Quarterly Bulletin and US retail sales under the spotlight.USD/ZA [...]
Rand Subject to US CPI
RAND TALKING POINTS & ANALYSISImproving South African production helps buoy rand.Can US CPI influence Fed narrative?USD/ZAR rising wedge still in [...]
Rand Capitalizes on Weaker USD
RAND TALKING POINTS & ANALYSISRecovering South African current account encouraging for ZAR.NFP to determine short-term guidance.USD/ZAR bears eye [...]
Rand Unmoved by SARB Pause
RAND TALKING POINTS & ANALYSISSARB keeps rates at 8.25% since their last hike in May 2023.Low trading volumes today will likely extend throughout [...]
Rand Susceptible to SA CPI & SARB
RAND TALKING POINTS & ANALYSISRand remains buoyant on weaker USD and positive leading business cycle figures.FOMC minutes to come later today.Bul [...]
Rand Scans Critical Long-Term Support
RAND TALKING POINTS & ANALYSISRand unable to capitalize on US initial jobless claims data.Fed officials to relate recent US economic data.Bullish [...]
Is the Rand Rally Over?
RAND TALKING POINTS & ANALYSISUS specific factors drive ZAR strength but may be short-lived as markets may over overreacted to Friday’s NFP data. [...]
Rand Bolstered by Weaker Dollar
RAND TALKING POINTS & ANALYSISMTBPS, manufacturing PMI and vehicle sales data paint a poor picture of the local economy.US jobs data in focus lat [...]
Rand Bulls Provoked by Key Support Break
RAND TALKING POINTS & ANALYSISGeopolitics, Fed and Chinese factors at play.USD/ZAR rising wedge breakout now limited by support zone.USD/ZAR FUND [...]
Rand Bulls Provoked by Key Support Break
RAND TALKING POINTS & ANALYSISGeopolitics, Fed and Chinese factors at play.USD/ZAR rising wedge breakout now limited by support zone.USD/ZAR FUN [...]
USD/ZAR Price Forecast: Rand Trades Cautiously Post-CPI
RAND TALKING POINTS & ANALYSISSA inflation data limits rand strength after stellar Chinese GDP print.US building permit figures ad Fed guidance [...]
USD/ZAR Price Forecast: Rand Trades Cautiously Post-CPI
RAND TALKING POINTS & ANALYSISSA inflation data limits rand strength after stellar Chinese GDP print.US building permit figures ad Fed guidance u [...]