A volatile week for the rand as it saw 13-month best levels followed by a 61cent loss of ground back up to R15’s against the dollar. USD/ZAR News We expected volatility on the dollar this week and we received just that.A combination of a global sell-off, rising bond yields and US military strikes on facilities

Risk-On Appetite Spurred The Rand To Year Best Levels This Week.Will This ZAR Strength Last As Our Countries Negative Realities May Be Exposed In Next Week’s Budget Speech. USD/ZAR News The dollar’s negative storyline continued this week as the traditional safe haven currency lost major ground.The week began with markets closed for Presidents Day in

State of the Nation’s “effect” didn’t seep through to the rand, and major Central Banks stand together on keeping rates unchanged next month. USD/ZAR News “Lower for longer” was the theme in US Fed Powell’s talk on Wednesday, reminding us that as long as Powell is at the helm of the Federal Reserve we can

Fires of the emerging markets were once again ignited this week as sentiment over global recovery improved, this confidence brought market players back to the high-yielding risk found in the rand. USD/ZAR News The dollar lost ground for 4 consecutive days this week but ended yesterday firming to a 4 day high against pairs including

US Economy Experiences Deepest Contraction In 75 Years and ‘Robinhood’ Forum Groups Target Hedge Funds. USD/ZAR News Data this week emphasized that 2020 is without a doubt was a cataclysmic year, as it brought the largest annual decline in the US economy since 1946. A very rocky week in the markets with investors shifting to

USD/ZAR News Inauguration week was the talk of the week for the vulnerable dollar.The arrival of President Joe Biden and Vice President Kamala Harris boosted the hopes for more stimulus and thus increased risk-on appetite.This appetite kept the dollar weak for most of the week, with investors remaining speculative over the American currency.Positivity remains around

Rand News – A big reaction in the markets from investors has developed into a fourth day of Rand weakness  USD/ZAR News After the Democrats won the election in Georgia, the US experienced violent protests at Capitol Hill. However before the election the Dollar had already started strengthening when market players came back from Holiday.

Rand News – South Africa is the hardest hit coronavirus country on the African continent however this didn’t stop the rand from being fuelled by the emerging market rally this week.  USD/ZAR News Having starting the week at a high of R15.09/$, we saw the USDZAR drop almost 50 cents to a low of R14.63/$

Rand News – After surprising improvements in our GDP data on Tuesday, the news saw a break on USD/ZAR under the R15.00/$ mark. In the coming week we will see a tug of war, strength for the rand from risk appetite and dollar strength once the vaccine is rolled out. USD/ZAR News The worlds most