Rand Rally continues to astound economists
The Rand continues to blow past expectations, moving ever stronger against the Dollar. The turnaround neared R6 stronger from where we were in April last year, when there was that blowout
Rand roars to a 27-month best!
Once again, the Rand has defied expectations... What could cause the local unit to strengthen to 27 month record levels against the Dollar? The economists scrambled for ideas, explanations and ideas as
Rand edges to sub R14/$...how low can it go?
Another week, another 5 days of indecision as the Rand slowly edged stronger. Back under R14/$ is good news for importers and investors (not so good for exporters!), but although it
Global tensions rise ever higher...as ZAR treads water
There always seems to be over-confidence and complacency, particularly in markets & economics, before disaster strikes. ... a relaxed care-free atmosphere, as if there is no danger at all. And then suddenly
Turnaround time for the ZAR...back to R14/$?
Another week, another Rand turnaround... Such has been the stability of the local unit been over the last 3-4 weeks, we have seen it trapped in a mere 40c range. This is
Rand breakout arrives as ZAR weakens vs Majors
A quiet week in the markets has passed us by, as we continue to wait on a bigger Rand breakout... It was still a week of plenty action, as we continued
Rand in limbo...is a breakout coming?
A quiet week in the markets has passed us by, as we continue to wait on a bigger Rand breakout... It was still a week of plenty action, as we continued
Rand rallies to 15-month record levels...where next?
So onward the Rand train runs! The Dollar's decline from last week has continued and the Rand has really taken advantage of it, strengthening to pre-pandemic levels. The irrationality of markets is
Rand tracks sideways...when will the breakout come?
So far, from the 1st of April the Rand has continued to play the fool, as the local unit has edged even stronger against the Dollar, Euro and Pound to
Dollar roars stronger as the Rand wobbles...
And the Rand rollercoaster continues... Just as the market thought the Rand was trending stronger, everything turned on its head again. This time it was right from the start of the week,
Rally of the Rand continues despite Eskom woes
Another week passes by, and another week of Rand wins at the same time. It was another one dominated by global news, as the US stimulus and economic outlook were the
Rand roars back as US Stimulus arrives...what next?
Well, well… who would have said? The Rand never ceases to amaze, as it once again turned the tables on the Dollar. Crazy...but that is how it goes. Yet every time this happens,
Rand weakens further as markets await US Stimulus
The Rand was in need of good news to start the week, and good news it got with big announcements from Ramaphosa on lockdown. However, it wasn't enough to stop the
Rand collapses 80c weaker...did you see it coming?
This last week was the final trial of February for the Rand, after getting through the State of the Nation address relatively unscathed. Now it was turn of the Budget for
Dollar weak amidst choppy Rand...where to next?
The year has certainly continued where 2020 left off, as we see markets continue to whip to and fro. Is the new normal here to stay? That is certainly the question on
Rand Roars towards R14.50/$ as the Dollar crumbles
Once again, the Rand has turned the tables on the Dollar, as we saw a massive push back below R15... The ZAR never ceases to amaze, as in amongst the local
Choppy Rand Ends The Week Strong Breaking R15
Another interesting week passes us by as markets waited in anticipation of how the new year was going to play out. After every prediction for 2020 being completely smashed, many are
Rand Volatile Amidst Run on Wall Street
Volatility continues to abound in the markets - and it shows no signs of slowing down! It was a strange week for the Rand as it traded sideways - but with