Weekly Rand Report: ZAR Strengthens amid global tensions
The South African rand demonstrated a surge this past week, largely influenced by international factors and global market sentiments.
Source: thesouthafrican.com
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Sterling close to 3-month high versus euro as markets bet on rate cuts
Sterling close to 3-month high against the euro on Tuesday, as markets raised their bets on rate cuts by the European Central Bank.
Source: thesouthafrican.com
Rand Report: Rand recovers as market sentiment shifts
The South African rand ended last week in the green, recovering from recent headwinds as risk sentiment turned away from safe-haven assets.
Source: thesouthafrican.com
Cooling U.S. inflation is accelerating: Sterling keeps rising
Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. Dollar is down nearly 13%.
Source: thesouthafrican.com
South African Rand strengthened as well as the Dollar fell
The South African rand strengthened following improved local manufacturing output and a weak dollar spurred by rate hike expectations.
Source: thesouthafrican.com