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The Euro to South African Rand fell today, with the pairing currently fluctuating around R18.16. The South African Ran rose today as demand for riskier assets has risen ahead of tomorrow’s US presidential inauguration of President-elect Joe Biden. As a result, demand for the safe-haven US Dollar has slipped, spiking demand for risk-sensitive currencies as markets await policies from the incoming Joe Biden administration. Analysts at Reuters were downbeat about the outlook for the South African economy, however, commented: ‘The [South African Rand] has mainly taken its cue from global driv...

January 14, 2021 - Written by John Cameron GBP/ZAR Exchange Rate Sinks as Chinese Data Boosts Risk Appetite The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.4% today, with the pairing currently trading around R20.703. The South African Rand (ZAR) benefited from news that China – one of South Africa’s largest trading partners – ended 2020 with a record trade surplus, with exports never being higher. Larry Hug, Chief China Economist at Macquarie Capital, commented: ‘Amid all the noises on de-coupling and de-globalization, somewhat unexpectedly, the pandemic has deepene...

EUR/USD Exchange Rate Sinks as Europe Faces Christmas Lockdowns The Euro to US Dollar (EUR/USD) exchange rate fell by -0.3% today, with the pairing currently trading around $1.22. The Euro (EUR) struggled today following the release of the flash Eurozone Consumer Confidence data, which fell by -13.9. As a result, EUR traders are becoming concerned for the Eurozone’s economy as several key economies in the bloc – included the largest, Germany – have re-entered national lockdowns. Meanwhile, the DIW institute has predicted that the Germany economy could shrink by -1% in the fourth quarter...

December 21, 2020 - Written by John Cameron GBP/JPY Exchange Rate Sinks as No-Deal Brexit Fears Haunt UK Markets The Pound to Japanese Yen (GBP/JPY) exchange rate plummeted by -1.4% today, with the pairing currently fluctuating around ¥137.690. The Pound (GBP) fell sharply today following this weekend’s announcement that London and parts of the south-east of England would enter Tier 4 to stem the spread of a ‘mutant’ strain of Covid-19. Today also saw the announcement that France would ban UK transport, including hauliers. As a result, GBP investors have become more pessimistic about t...

December 15, 2020 at 1:46 PM Shares4 (Image via Getty) Online bar exam results have more or less tracked expectations. There’s always a little fluctuation, but it’s been difficult to say that the online exam produced results demonstrably worse than the usual licensing exam. That shouldn’t really surprise anyone because the bar exam is, by design, intended to produce stable results and when jurisdictions are handling scaling with a ragtag set of NCBE castoff questions, it’s reasonable to assume that things would play out mostly according to script. The overall pass rate for Texas’ fi...