Rand surges to best January in 33 years...
What a week for the Rand!
After a stagnant few weeks, hovering in the R13.50-R14.00 trading range, the Rand made its move in pulling to the best level of 2018, to
USD/ZAR Forecast
Rand enjoys a strong finish, despite SARB & Eskom
Well, the Rand was back to its topsy-turvy self this last week, with a wide trading range keeping exporters, importers and traders on their toes for the full 5 days...
And
Rand continues to hold sub R14/$...
The headline from Fin24 said it all:
"Traders suddenly dare to believe in an emerging-market rally"
The Rand has kept on the front foot, very steadily and slowly over the last few
See-saw week sees the Rand back to square one
This was the week for the Rand!
What a turnaround, from the Turkey Crisis and the weeks following, which was just a few months ago. The market was soaring over R15/$,
Corruption oustings help the Rand toward R14/$
With just 2 months left in the year, the Rand is as choppy as ever...
This week saw swinging momentum from highs to lows in quick succession. It is tough for
Mini-Budget puts strain on the Rand - what next?
A rough week for the Rand, with all eyes on the Mid-Term Budget, which is often a trigger for some explosive moves...
And that was exactly what we got, as the
Rand gains momentum ahead of budget speech
Another week passes, as the Rand gains momentum!
It was a week which again proved the inaccuracy of looking to events for market direction, as economists were left dumbfounded by the
New Finance Minister the catalyst for Rand strength
Phew, a week of action in SA politics - and the financial world!
The Rand came into the week with jitters, and plenty of them. The situation with Nene was making
Dollar sends Rand back toward R15/$
The Dollar enjoyed a very strong week following its retracement, which left the Rand on the back foot, once again.
It was probably due for the Rand, as it had had
Volatile climate has little effect on the stronger Rand...
All too quickly, this year is already three quarters over!
And, as the last quarter kicks in, the Rand has certainly got some spring back into its step after spending some
Rand comes roaring back to win the week!
Well, what a week. Yet AGAIN, the Rand turned the tables on the Dollar.
This was despite the Trade War...
...despite the volatility surrounding SARB's interest rate decision
...and petrol price hike fears
...despite
Rand fights hard to get back below R15/$
Another week passes by, and the tables turn again...
...somehow the Rand has turned it around from being on the ropes, to rallying back below R15/$ again.
It was a welcome change,
Recession drives the Rand to worst level of 2018
This week was a scary one for the ruling party, and Saffers in general.
The alarm bell went off: Technical Recession
Headlines blared with doom and gloom, worry and despair.
With the ANC
Rand runs out of steam...and pays for it
I guess a tough week for the Rand was always going to coming after a week of strength, where the local currency fought gamely to turn the tide back in
Rand wins back the momentum and the week
Another week goes by...
...and it feels like another whirlwind went along with it.
The Rand in the midst of one of it's most volatile periods in years, and it is showing
Roller-coaster Rand manages to end below R15/$
This was a week which could not have ended a moment sooner for most...
...the Rand had a roller-coaster week of note!
As most got to work on Monday morning, it would
Mayhem as Rand busts through R14/$!
A see-saw week (again) left the Rand on the ropes to close the week.
Seemingly taking alternate turns each week, the Rand has been as volatile as ever - but just
Rand fights back late to end the week on a high
The main point of discussion for this week was always going to be the next stage of the land debate taking place...
..as on Tuesday evening, Ramaphosa came out to announce
A return to R13/$ as the Rand trend turns again?
Back on the Rand-positive path with a bump!
After a fairly disastrous week, perhaps not something that many were expecting ...but the Rand behaved as per our charts, which showed the
Tough week for the Rand, with a solid finish
When it appears to be too good to be true, it normally is...
...and that is what we got this past week.
A bump back to reality.
A bump back to reality of