Tag: Rand
USD/ZAR Grinds Lower – Strong GDP Data, Dollar Weakness Lifts the Rand
USD/ZAR Talking PointsSouth African GDP overshoots estimates despite political turmoilUSD/ZAR Slides to support as Dollar weakness limits gainsFundam [...]
EMERGING MARKETS-Most EM FX rise against dollar; Lira hovers near record low, rand flat after rate decisions
(Updates prices) By Susan Mathew and Devik Jain Nov 24 (Reuters) - Most emerging market currencies firmed on Thursday as the dollar slipped following [...]
EMERGING MARKETS-EM stocks, FX climb on hopes of less hawkish Fed; S. Africa’s rand firms ahead of budget
*Hungary's Forint rises as c.bank commits to stability measures*Dollar, U.S. Treasury yields fallBy Devik JainOct 26 (Reuters) - Emerging market curre [...]
SARB Hikes by 75 Bps, Rand Strengthens
SARB Rate Hike, USD/ZAR AnalysisSARB hikes 75 basis points – feeling pressure from global peers and local inflationKey USDZAR technical levels assess [...]
South African Rand Crippled by Darkness, Driving USD/ZAR Strength
Rand Dollar Outlook:Eskom Woes Intensify Driving USD/ZAR HigherThe US Dollar is showing no reprieve for the South African Rand as the safe-haven appe [...]
Index Weighed Down by Rand, Rates and Growth
JSE ALL SHARE INDEX (ALSI) TALKING POINTSRand strength hurts SA40.South African Q2 business confidence drops to 42 from 46 previously.FTSE/JSE ALL SH [...]
Russia bans 963 Americans, including Biden and Harris — but not Trump & Rand Paul
Russia has banned nearly 1,000 Americans, including President Biden, Vice President Harris, and many others from the US administration, from entering [...]
Rand Plummets 6% after State of Emergency Declared
Rand, USD/ZAR News and Analysis‘Perfect storm’ hits the rand hard as SA endures load shedding, deadly floods and the potential reversal of the risk-a [...]
Rand Strength May be Fading as Fed Tightening Looks to Fortify USD
USD/ZAR LOOKS TO PIVOTThe rand has been on of the most resilient currencies against the US dollar in 2022 but this looks to be changing in line with [...]
Chinese Growth Reservations Compound Commodity Slump for Rand
RAND ANALYSISCOVID-19 hampers China’s growth prospects.Commodity prices continue to fall.Fed in focus tomorrow.ZAR FUNDAMENTAL BACKDROPThe resilient [...]
US Dollar Goes to War with Resilient Rand
RAND, DOLLAR ANALYSISVisit DailyFX Education to discover how to trade the impact of Politics on Global MarketsRand Resilience Holds Firm Despite Elev [...]
FX steady with eyes on Russia-Ukraine; S.African rand up before budget
U.S. and allies ramp up Russia sanctionsRouble reverses course to slip 0.3%MSCI's FX, stocks up ~0.3% eachRand gains ahead of national budgetFeb 23 (R [...]
Big Week Ahead for the Rand
RAND ANALYSISGeopolitics endure. Unemployment data tomorrow.SA Budget Speech in focus on Wednesday.ZAR FUNDAMENTAL BACKDROPU.S. President Joe Biden a [...]
Rand and FX News: Analysis on Currencies for February, 2022 – Bloomberg
Rand and FX News: Analysis on Currencies for February, 2022 Bloomberg
www.bloomberg.com [...]
Rand Fights Back Post-CPI and Bullard
RAND ANALYSISUS CPI and Fed Bullard comments fade.SONA a non-event for ZAR.ZAR FUNDAMENTAL BACKDROPLast nights State of the Nation Address (SONA) had [...]