South African Rand News The local market results remain mixed this past week, with the JSE having its worst day in nine months on Thursday. Markets were awaiting the release of the Fed minutes to see if there would be any changes to the current monetary policy. What is clear now is that growth expectations
Category Archives: FX Paymaster News
24
Jun
Jun
‘Brand Australia’ is recognised all over the world. The very mention of the word Australia evokes images of stunning scenery and a friendly bloke throwing ‘another shrimp on the barbie’! Australia remains one of the top destinations for South African’s moving abroad and it’s easy to see why. All year-round sunshine, friendly people, the English
Currency Insights, Forex News, FX Paymaster News, Uncategorized
Rand News – Rand Leads Emerging Markets.
30
Apr
Apr
USD/ZAR News Its been a turbulent week for the dollar, beginning with investor nerves over this week’s US Fed Monetary Policy Meeting. Market shifting moves were assumed to be side-lined however the dollar took advantage of the apprehension and tested R14.40’s in the week. The Fed reported that the economy is looking up with positive
Currency Insights, Forex News, FX Paymaster News
Rand News – ZAR Gains Ground As Fed Spurs Risk Confidence.
19
Mar
Mar
The Rand saw an easing this week as global sentiment improved over the US Fed’s comments over continued economic support. USD/ZAR News The dollar’s focus of the week was firmly set upon the US Fed’s Monetary policy meeting.This meeting would reveal the outcome of the US interest rate decision and the forecast and expectations of
Currency Insights, Forex News, FX Paymaster News
Rand News – SA Economy In Hot Water & US Stimulus Finally Issued.
12
Mar
Mar
The Rand suffered a turbulent week with pressure from weak GDP figures and a volatile dollar rising after oil attacks and stimulus approval. USD/ZAR News The dollar remains largely unpredictable with this week’s price action serving as a prime example.Tuesday saw the dollar strengthen to a week best on USDZAR after Yemini forces launched attacks
05
Mar
Mar
Bond tantrums set the tone of the week and US Fed Chair set a Firestarter to the dollar by downplaying fears of inflation and quick job market recovery. USD/ZAR News Overnight the dollar reached highs on USDZAR last seen in January. This surge in the greenback is mainly attributed to the semi-dovish stance that
26
Feb
Feb
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
19
Feb
Feb
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
12
Feb
Feb
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
05
Feb
Feb
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
