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South African Rand

South African rand slipped after mixed economic data

by Anas Siddiqui
South African rand slipped after mixed economic data

Reuters: The South African rand slipped on Tuesday after mixed local economic data, ahead of inflation figures and an interest rate decision this week. South African rand slipped At 1541 …

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Pound Sterling rose to two-month high ahead of interim budget

by Anas Siddiqui
Pound Sterling rose to two-month high ahead of interim budget

Reuters: Sterling rose to its highest in two months on Monday, as the prospect of steep rate cuts next year by the Federal Reserve dented the dollar, but the pound …

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Dollar stumbled to over two-month low as markets eye Fed cuts

by Anas Siddiqui
Dollar stumbled to over two-month low as markets eye Fed cuts

Reuters: The U.S. dollar stumbled to a two-month low on Monday, extending its downtrend from last week as traders reaffirmed their belief that U.S. rates have peaked and turned their …

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Dollar set for weekly slide as US inflation cools

by Anas Siddiqui
Dollar set for weekly slide as US inflation cools

Reuters: The dollar set for weekly slide for months against the euro, yen and franc on Friday, as investors sold in anticipation of almost 100 basis points of U.S. interest …

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Pound Sterling eased after UK inflation slowed in October

by Anas Siddiqui
Pound Sterling eased after UK inflation slowed in October

Reuters: The Pound Sterling eased on Wednesday after data showed British inflation cooled at its fastest pace in more than 30 years in October, reinforcing expectations that the Bank of …

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South African Rand soared over 2% after U.S. inflation data

by Anas Siddiqui
South African Rand soared over 2% after U.S. inflation data

Reuters: The South African rand soared over 2% on Tuesday as the dollar slumped after softer-than-expected U.S. consumer inflation data boosted expectations that the Federal Reserve might be done with …

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Asian shares inched up ahead of US inflation data: Yen stumbles

by Anas Siddiqui
Asian shares inched up ahead of US inflation data: Yen stumbles

Reuters: Asian shares inched up on Tuesday in cautious trading ahead of a crucial U.S. inflation report that could heavily influence the Federal Reserve’s policy outlook, while the fragile yen …

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South African rand extends losses after Powell speech

by Anas Siddiqui
South African rand extends losses after Powell speech

Reuters: The South African rand extends losses on Friday, capping off a week of losses after hawkish comments from Federal Reserve Chair Jerome Powell helped the dollar rally and decreased …

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Dollar eyed its best week against yen in three months

by Anas Siddiqui
Dollar eyed its best week against yen in three months

Reuters: The dollar eyed its best week against the yen in three months on Friday, after Federal Reserve Chair Jerome Powell and a chorus of Fed officials poured cold water …

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Asian share markets rallied as S&P 500 records longest win streak

by Anas Siddiqui
Asian share markets rallied as S&P 500 records longest win streak

Reuters: Asian share markets rallied on Thursday and the dollar was weaker after most U.S stocks edged higher and the S&P 500 recorded its longest winning streak in two years, …

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