The Rand has strengthened on the back of an improvement in investor sentiment towards emerging markets (EM) and we are told by one of South Africa's leading investment banks that further advances are possible.

November 8,2018

The Rand weakened again Tuesday ahead of the U.S. midterm elections, which are as important for the emerging market world as they are for the U.S. itself, and as doubts grow over whether the country can retain its last remaining investment grade credit rating for much longer.  

November 6,2018

"Ultimately, we still see the Rand compressing its overshoot in the medium term, premised on both credit and fiscal risks easing" - Standard Bank.

November 5,2018

GBP/ZAR has completed a long-term abcd pattern, viewable on the weekly chart below, and now that it is complete the inference is that more downside will follow.

October 30,2018

Technical studies suggest the Pound-to-South African Rand rate has probably started a new longer-term uptrend after the pair rose from the key October lows at circa 18.30 while the country's largest lender ABSA sees further GBP/ZAR upside.

October 25,2018

The Rand weakened in the mid-week session after the South African government's latest budget revealed it will miss deficit targets that are intended to preserve its last remaining investment grade credit rating.

October 25,2018

The Rand is likely to suffer over the coming week once the South African government's latest budget plans become know, according to analysts at RBC Capital Markets, who are advocating that clients of the bank sell the currency and buy the beleaguered Turkish Lira instead. 

October 19,2018

The Pound-to-South African (SA) Rand rate remains in an uptrend but is to continue trading with volatile swings as news around Brexit and domestic politics buffet the exchange rate.

October 15,2018