The South African rand declined today as nation’s factory output slowed and before President Jacob Zuma will address lawmakers in his speech in Cape Town today. 5 Vote(s) Read More Rand Falls as Manufacturing Deteriorates
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The South African rand gained today as optimism for an outcome of Greek debt-swap talks caused a rally of stocks and commodities, while also helping currencies of emerging markets.(…)Read the rest of Rand Gains Amid Market Optimism (85 words) Posted on Forex News. Read More Rand Gains Amid Market Optimism
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The South African rand fell today as talks among Greece and private bondholders no longer cause optimism among investors, but rather make them concerned. Worsening market sentiment has a negative impact on assets of emerging economies.(…)Read the rest of Waning Optimism on Forex Market Weakens Rand (61 words) Posted on Forex News. Read More Waning Optimism on Forex Market Weakens Rand
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The South African rand kept its gains today after the South African Reserve Bank left its main interest rate unchanged at yesterday’s monetary policy meeting to support recovery of the nation’s economy.(…)Read the rest of South African Central Bank Keeps Rates Steady, Rand Maintains Gains (115 words) Posted on Forex News. Read More South African Central Bank Keeps Rates Steady, Rand [...]
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The South African rand was weaker today as analysts speculated that the nation’s central bank will keep interest rates unchanged at today’s monetary policy meeting. The rand rebounded currently.(…)Read the rest of Rand Weakens as No Change to Monetary Policy Expected, Rebounds (72 words) Posted on Forex News. Read More Rand Weakens as No Change to Monetary Policy Expected, Rebounds
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The South African rand went higher today for the first time this week as the good fundamentals and the outlook for the USA overshadowed the European crisis.(…)Read the rest of South African Rand Higher on Good News from USA (72 words) Posted on Forex News. Read More South African Rand Higher on Good News from USA
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The South African rand dropped today as the optimism about the European banking system quickly waned, spurring investors to draw money out of riskier assets.(…)Read the rest of Rand Falls as Investors Shun South African Bonds (54 words) Posted on Forex News. Read More Rand Falls as Investors Shun South African Bonds
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The South African rand is just another higher-yielding currency that suffers from the adverse impact of the European-sovereign debt crisis on currency markets.(…)Read the rest of European Crisis Isn’t Good for Rand (60 words) Posted on Forex News. Read More European Crisis Isnt Good for Rand
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The South African rand fell today as uncertainty of Forex traders about ability of the global economy to maintain growth reduced demand for safer currencies. Yet currently the rand rebounded.(…)Read the rest of Rand Fluctuates as Traders Uncertain About Global Growth (74 words) Posted on Forex News. Read More Rand Fluctuates as Traders Uncertain About Global Growth
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The South African rand rallied today, rising to the highest level in more than a week against the US dollar, as stocks and metals advanced after the speech of Federal Reserve Chairman Ben S. Bernanke last week.(…)Read the rest of Rand Advances with Stocks & Metals (67 words) Posted on Forex News. Read More Rand Advances with Stocks dan Metals
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