Tag: South Africa's rand

South Africa’s rand firmer as 15/$ mark lures in bulls

"The rand does feel like it has perhaps a little more room to correct or consolidate, and perhaps squeeze some stale long positions out...

South Africa’s rand firms as global monetary easing takes spotlight

South Africa's rand inched up against the dollar in early trade on Friday. The rand was 0.05% firmer at 14.5925 per dollar, from its...

South Africa’s rand slips on dismal business confidence data; all eyes on ECB

Investors awaited outcome of an European Central Bank (ECB) meeting. South African Chamber of Commerce and Industry's monthly business confidence index fell. Rand Merchant...

South Africa’s rand extends rally to 3-week high after GDP boost

JOHANNESBURG: South Africa's rand rose to a three-week high early on Wednesday following a better-than-expected jump in second quarter economic growth, brushing off concerns over...

South African rand flat as investors await GDP data

JOHANNESBURG: South Africa's rand traded sideways on Monday, with investors holding fire ahead of second quarter economic growth figures that could help gauge the future...

South Africa’s rand weaker as risk sentiment sours

JOHANNESBURG: The South African rand weakened early on Thursday as risk sentiment globally continued to be shaken by the trade stand-off between China and the...

South Africa’s rand inches up in subdued trade

JOHANNESBURG: South Africa's rand rose early on Wednesday but remained largely within a recent range as traders continued to tread cautiously with an eye on...

South Africa’s rand weaker in cautious trade, stocks up

JOHANNESBURG: South Africa's rand weakened on Tuesday, with traders sceptical about comments by President Donald Trump expressing hope for a possible US-Chinese trade deal just...

South Africa’s rand pauses recent slide, stocks down

JOHANNESBURG: South Africa's rand firmed on Tuesday, pulling back from an 11-month low as long dollar investors took profits and awaited further clues on the...

South Africa’s rand pauses recent slide as investors await next trigger event

JOHANNESBURG: South Africa's rand firmed early on Tuesday, pulling back from an 11-month low as long dollar investors took some profits and awaited further clues...