Rand News – The Rand experienced a cautious week with whispers of a mini lockdown creeping into the markets however progress made on vaccines this week continues to help boost risk appetite. USD/ZAR News Pressure prevailed this week on the dollar, keeping USDZAR in a minor sideways trend between R15.20/$ – R15.45/$.Four large factors which
Category Archives: Forex News
27
Nov
Nov
Rand News – The current vaccine surge has been flourishing for almost a fortnight, and the rand can only be grateful as it shrugged off a DOUBLE downgrade with focus being on a weak dollar and an uptick in global sentiment. USD/ZAR News The dollar began the week on a weak note with the vaccine
20
Nov
Nov
Rand News – The USD remains under pressure due to increasing unemployment levels. Welcome to this weeks Rand News. In our weekly currency roundup this week, we look at some important data released and the affect this has had on the currency market. USD/ZAR News USD/ZAR began the week with bearish impetus as an emerging
13
Nov
Nov
Rand News – USD/ZAR support levels tested around R15.30. In this weeks Rand News, we look at some important data released and the affect this has had on the currency market. USD/ZAR News From starting the week with a Biden victory to ending with a preliminary COVID-19 vaccine from Pfizer, the US held the spotlight
06
Nov
Nov
Get the latest USD/ZAR News sent directly to you each day. In our weekly currency review, we cover all major currency pairs but often like to focus on USD/ZAR News due to how heavily traded the pair is. USD/ZAR News The US Dollar has experienced some big currency swings this week due to elections. On
30
Oct
Oct
In our weekly round up this week, we look at some important data released and the affect this has had on the currency market. USD/ZAR A ‘V’ Shape formation was seen this week on USDZAR – the greenback began the week extremely vulnerable having lost ground and touching lows of R16.09/$, only to recover and
23
Oct
Oct
In our weekly round up this week, we look at some important data released and the affect this has had on the currency market. USD/ZARThe dollar’s price action and market sentiment has become synonymous with the US elections and stimulus relief talks, this week was a typical illustration of these associations.Fluctuation on the greenback saw
16
Oct
Oct
In our weekly round up this week, we look at some important data released and the affect this has had on the currency market. USD/ZAR To the rand’s fortunate and favor, the dollar has remained weak and on the edge of uncertainty with decisions around US stimulus and the Presidential race circling in unpredictability.The start
09
Oct
Oct
In our weekly round up this week, we look at some important data released and the affect this has had on the currency market. USD/ZAR The dollar stumbled into the start of the week at a low of R16.35/$ on USDZAR, as concerns over President Trump’s health clouded investor sentiment. After news of Trump’s improvement
02
Oct
Oct
In our weekly round up this week, we look at some important data released and the affect this has had on the currency market. USD/ZAR The dollar lost ground this week, beginning around R17.13/$ and following a downward trend to today’s R16.70//$.The talk of the week was undoubtedly the US presidential debate which resulted in
