The Dollar remains weak compared to other developed markets, giving way for the Rand to shine but the questions remains, for how long? Eskom continues with load shedding to prevent a national blackout. USD/ZAR News American Markets CPI data in the United States takes the trophy of events this week. Consumer prices rose a great
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28
May
May
Dollar weakness and positive local data allowed the rand to push near 30 month lows, but is it oversold and setting up for a bounce up? USD/ZAR News In the week past the dollar saw significant losses as the Fed’s unaggressive policy remained in tact as officials reiterated that policy will not change until growth
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
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
Forex News, FX Paymaster News, Uncategorized
Rand News – IMF Cuts SA Growth Forecast & US Economy Troubles.
29
Jan
Jan
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
22
Jan
Jan
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
15
Jan
Jan
USD/ZAR In this weeks Rand News. The US dollar started the week on the backfoot as pressure to impeach President Donald Trump increased. On Wednesday, headlines concluded that President Donald Trump has become the only President in US history to be impeached twice, however is unlikely to be convicted as congress surely wont gather enough
