Phew, what a week! There is certainly a reason that the Rand has got the nametag of the world's most volatile currency - with swings high and low making it a nightmare for most who deal in foreign exchange. This week was no different. We saw big highs and lows, with not much time in…
Wow, what a week! There is certainly a reason that the Rand has got the nametag of the world's most volatile currency - with swings high and low making it a nightmare for most who deal in foreign exchange. This week was no different. We saw big highs and lows, with not much time in…
Another volatile week. Another rough one for the Rand particularly versus the Dollar, although it managed to claw back some lost ground before the week closed. As we headed into the week, many had hopes that the Rand had overshot the mark by weakening so drastically versus the Dollar, and that this week would be…
The unthinkable happened, as a battered and bruised ZAR managed to dragged itself over the line to end off a rather disastrous week... We had given a hint in last week's Rand Review that the Rand's excursion below 12.00 had come to an end - and that we were in for a rough ride. But…
A week of action transpired in South Africa, as Ramaphosa set about making plans for the next generation of business, infrastructure, and more. All of which require one major thing, which is often the stumbling block: Funding from investors Being an emerging country and market, it is higher risk for investors. But with the potential…
Global tensions have continued to simmer this past week, reaching near boiling point...and then some after the week closed... A horrific chemical attack in Syria sparked it all off. Followed by tough language from the USA, pointing figures very clearly at Russia & Assad, the Syrian dictator. Russia claiming no wrong doing - blaming rebel…
It has been brewing since Trump's election. Trade war is always feared. It's messy, souring for international relations and potentially destructive to countries caught in the middle of it. Worst of all, all it needs is a spark to start it. And Trump's 'America First' strategy was always going to result in something along these…
Slightly belated, our Rand Review has arrived. I hope you all had an enjoyable and relaxing long weekend, and are ready for the short week ahead :) We are back again to set you up with some diagnosis of the previous week, and provide some idea of what is coming in the next few days...…
This last week turned out to be a great comeback for the Rand, on the back of a very poor start to it! When we saw the market touch over R12.10 in the first half of the week, many were calling for it to go higher. But, contrary to natural logic, with fears of the…
A slow week for the markets, as we saw them tracking sideways for the most part. The Rand held fairly strongly for the whole week...until Thursday/Friday, when we saw the market lose ground to test the physiological R12/$ mark... For cryptocurrencies, it was nothing short of a bloodbath, as all major markets continued to tumble.…
Another week of uncertainty passes for the Rand... It has been such an extended period of strength for the ZAR, that persons might have forgotten that these trends don't last forever - and when they do, most are caught by surprise. And the way the charts are looking - they may not have long to…
It has been an extended period of positive sentiment in economic, political and financial terms for SA... ...but the the supposed 'Ramaphosa Effect' finally ran out of steam, and we were back to reality this week. It is incredible how BIG events happen at critical junctures for the Rand, time and time again. And that…
Another classy week from the Rand, showing its strength, as it traded in a small range, but holding strong once again. A small range of 24c was all that separated the high and the low for the week... ...and considering how volatile a week it was, this was quite something. After coming off #Zexit, SONA…
This was the week. The week of all weeks. The long awaited (more than 9 years for some!) fall of President Zuma, as he finally admitted defeat and resigned as President of South Africa. There were celebrations countrywide... ...a lot of work to be done, but many saw this as light at the end of…
In a whirlwind week, the Rand was really caught in the middle of a global thunderstorm... However, a volatile few days only created a range of around 20c - surprisingly low... What is most important from this week, is that we are NOWHERE near coming out of the woods - after the delayed State of…
Another week rolls by... ...and after making multi-year record lows in the past few weeks, it seemed as if the Rand had finally broken from its downward trend, and pushed back above R12/$ ... for the time being that is. What was especially satisfying is that this is just what was expected, based on our…
With the Rand momentum seemingly unstoppable, what is coming next as the incredible run continues...? The Rand is booming. There is no doubt about it. As we pushed through the R12/$ mark (with aplomb) this week, and had the momentum to go even further (R11.80) - exporters were starting to seriously panic (almost as much…
While the Rand did not gain a lot in terms of value this week, it broke some key levels... ...and this meant that this week was deemed as a very successful one. Despite: Economic Worries Zuma's future being uncertain Worries surrounding land expropriation Severe drought in various areas like Cape Town And many other factors...…
Well, firstly - welcome to 2018 and our first Rand Review of the year - and trust you had a great break and have fully recharged! The new year has well and truly set in, and that means the Rand Reviews are back, as we take a look at the last few days movements, and…
This article was first featured on Fin24.com - you can read it over here - they felt it was so informative, they had to share it with their audience. I hope you feel the same way. Read on for the full article... The Rand: Looking for Reasons Why...or Simply Looking Ahead? The Rand has sure…
