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Currency News

South African rand steady ahead of current account, CPI data

20 Mar 2018 01:22Reuters Africa
JOHANNESBURG (Reuters) - South Africa's rand steadied against the dollar early on Tuesday as investors awaited current account and consumer price inflation data due later in the day, as well as a Moody's ratings review on Friday. more

Similar to Brazil, UBS expects SA rand to strengthen on corruption cleanout

19 Mar 2018 08:30BizNews
South African equities and bonds are the country's most attractive assets, according to Bolliger. He expects the rand to appreciate almost 9 percent to 11 per dollar. Bolliger says risk-tolerant investors should also be watching Venezuela, where a near ... more

South African rand weaker, Moody's rating decision awaited

19 Mar 2018 01:56Reuters Africa
JOHANNESBURG, March 19 (Reuters) - South Africa's rand weakened against the dollar early on Monday as caution gripped investors ahead of a Moody's credit rating review announcement and the U.S. more

South African rand flat in cautious trade

16 Mar 2018 01:33Nasdaq
JOHANNESBURG, March 16 (Reuters) - South Africa's rand was little changed early on Friday, as traders refrained from taking large positions in the absence of domestic triggers while fears of a global trade war weighed on sentiment. more

The Pound-to-South African Rand Rate's Forecast for the Week Ahead

29 Jan 2018 04:18Pound Sterling Live
The Rand remains very much tethered to the fortunes to which it is inversely correlated, thus the Dollar's current weakness translates into Rand strength. "Rand movements will primarily remain a function of EUR/USD, but within that broad theme it ... more

South African rand rally continues, rand hedges weigh on bourse

26 Jan 2018 10:07Nasdaq
JOHANNESBURG, Jan 26 (Reuters) - The rand traded firmer on Friday, holding at its best levels since mid-2015, as sentiment was lifted by a weaker dollar and expectations that the new leader of the ruling ANC would rejuvenate the economy. more

South African rand hits highs: Here's a super-quick guide to what traders are ...

26 Jan 2018 07:41Business Insider
Some decent selling in Bunds have German Yields back upside 60bp, propelling US10YY near 2.65% again - but Currencies and Sovs are awaiting a bevvy of speakers this AM - Trump at 8:30, Carney, Kuroda at 9amET. more

UPDATE 1-South Africa's rand extends gains to 2-1/2 year high as central bank ...

18 Jan 2018 09:56Kitco News
JOHANNESBURG, Jan 18 (Reuters) - South Africa's rand scaled a 2-1/2 year high against a broadly fragile dollar on Thursday, climbing more than 1 percent after the central bank held interest rates steady and the new head of the ruling ANC ramped up his ... more
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