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South African Rand

Dollar licked its wounds ahead of Fed Chair Powell’s remarks

by Anas Siddiqui
Dollar licked its wounds ahead of Fed Chair Powell’s remarks

Reuters: The U.S. dollar licked its wounds and regained its footing on Wednesday and inched higher after a slew of Federal Reserve speakers left the door open to further rate …

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South African rand weakened after a week of gains

by Anas Siddiqui
South African rand weakened after a week of gains

Reuters: The South African rand weakened on Monday, giving back some of the gains the currency made last week on hopes for the end of the U.S. Fed’s tightening cycle. …

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Asian shares rallied by hopes of early rate cuts: Rand gains again

by Anas Siddiqui
Asian shares rallied by hopes of early rate cuts: Rand gains again

Reuters: Asian shares rallied for a fourth straight session on Monday after markets priced in earlier rate cuts in the United States and Europe, bullish wagers that will be tested …

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British bonds, stocks surge as BoE keeps rates on hold

by Anas Siddiqui
British bonds, stocks surge as BoE keeps rates on hold

Reuters: British bonds were on track for their best day in more than a month on Thursday and stocks jumped after the Bank of England held interest rates steady for …

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South African rand firmed after mid-term budget: U.S. dollar fell

by Anas Siddiqui
South African rand firmed after mid-term budget: U.S. dollar fell

Reuters: The South African rand firmed on Wednesday after South Africa’s mid-term budget statement, despite the proposal for tax measures next year to raise additional revenue as budget deficits are …

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Asian stocks stuttered ahead of Fed: Frail yen in focus

by Anas Siddiqui
Asian stocks stuttered ahead of Fed: Frail yen in focus

Reuters: Asian stocks stuttered on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve later in the day, while the yen was stuck near one-year lows against the …

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South Africa’s rand strengthened ahead of mid-term budget

by Anas Siddiqui
South Africa’s rand strengthened ahead of mid-term budget

Reuters: The South Africa’s rand strengthened on Monday at the start of a data-heavy week that includes the government’s midterm budget statement. South Africa’s rand strengthened At 1505 GMT, the …

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Dollar inched broadly higher near 150 yen: data deluge awaited

by Anas Siddiqui
Dollar inched broadly higher near 150 yen: data deluge awaited

Reuters: The dollar inched broadly higher in cautious trade on Monday and held near 150 yen as traders looked to a policy decision by the Bank of Japan later in …

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Dollar headed for weekly gain as US economy stays robust

by Anas Siddiqui
Dollar headed for weekly gain as US economy stays robust

Reuters: The dollar headed for weekly gain on Friday, aided by solid U.S. growth figures that bolstered the case for higher-for-longer interest rates, while the yen hovered on the weaker …

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South African rand edged lower In the face of U.S. dollar strength

by Anas Siddiqui
South African rand edged lower In the face of U.S. dollar strength

Reuters: The South African rand edged lower against a stronger dollar on Wednesday, taking global direction in the absence of local data. South African Rand edged lower At 1630 GMT, …

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