While many were holding thumbs that the ZAR's continued period of strength and stability would someone manage to keep going, it seemed the honeymoon was over as the week got
This last week was nothing short of confusing for most.
After the comeback of the ZAR during the previous week, many had high hopes that this week would have more
While it has felt feels like the tide is dragging a seemingly helpless ZAR out to sea...
...the market just keeps on fighting back!
With no rationall explanation, the Rand
The market did not react how persons hoped it would this week, as it sent shockwaves through the financial world...
..."where to from here?" was the question as it spiked
Well, that was quite a week...
Things looked pretty rosy to start.
And then ended not quite on the same score.
Such swings of 'fortune' are what brings the level
A week which was looking so good...
Steady, smooth, and almost calm strengthening of the market from Monday morning through Wednesday...
...only for Wednesday and Thursday to turned things on
Isn’t it amazing, how time and again, when the news is about the worst it can get, that the Rand pulls a fast one against everyone’s expectation.
Will anyone forget the
It's been a crazy couple of weeks for the ZAR, both on the home front and abroad.
Events, scandals, surprises and shocks have come thick and fast...(and they aren't showing
It is difficult to put this week into a few words...
The market was at its undecided worst, as it fought against news, economic events all week long, leaving everyone
A week built up on anticipation of big action over the weekend...
...with the Rand benefiting handsomely from the expectations.
When it looked like the market had finally run out
When the Rand crashed its way up to R13.71 on Tuesday last week, alarm bells were already going off...
After a volatile period, it looked like the Rand had finally
Choppy, undecided, unsettling and dangerous...
A rather unsettling week sure did not help settle any investors nerves, as we saw no stability in the markets once again.
It was a
A calm surface...but turmoil underneath.
The gains of the Rand over the last week are a welcome relief to many who had seen their wealth getting sliced into smaller and
Sentiment reaches an extreme...and then the tables turn.
As per popular belief, the Rand went rushing onwards in the first half of this week. It weakened significantly, moving into the
#JunkStatus, Downgrades, Protests, #ZumaMustFall, and more…
....just another week of South African politics and economics.
There was no lack of action this week, and the retaliation from Zuma’s actions reached
JZ has done it ... again ... and more
Always with a self-serving trick up his sleeve...
...and always a Rand #CrashFlash around the corner.
This week was the one