Rates USD / ZAR: 13,19 EUR / ZAR: 15,0042 GBP / ZAR: 17,0822 ZAR / JPY: 8,5643 EUR / USD: 1,1367 GBP / USD: 1,2945 USD / JPY: 113,11 Ø ZAR loses its gains as continuous rhetoric from ANC conference Ø Min of Fin releasing on Friday aims to bolster economy Ø Offshore investors losingRead more
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Rates USD / ZAR: 13,0537 EUR / ZAR: 14,9079 GBP / ZAR: 16,9721 ZAR / JPY: 8,6068 EUR / USD: 1,1411 GBP / USD: 1,2993 USD / JPY: 112,52 Ø ZAR remains range bound Ø Zuma scolds his elders who are asking for his resignation Ø ANC Policy conference will keep ZAR on its toesRead more
Rates USD / ZAR: 12,9825 EUR / ZAR: 14,8592 GBP / ZAR: 16,9137 ZAR / JPY: 8,6011 EUR / USD: 1,1438 GBP / USD: 1,3018 USD / JPY: 111,9 Ø ZAR under pressure and losing ground Ø Investors getting nervous on situation in SA Ø State capture has Tsunami of more revelations ZAR loses someRead more
Rates USD / ZAR: 12,8576 EUR / ZAR: 14,4176 GBP / ZAR: 16,405 ZAR / JPY: 8,5627 EUR / USD: 1,1209 GBP / USD: 1,275 USD / JPY: 110,25 Ø Moody’s Downgrades SA Ø SA No New Policy Direction Ø WC Fires could cost SA billions Ø UK Politics in the spotlight Most of theRead more
Rates USD / ZAR: 12,829 EUR / ZAR: 14,4593 GBP / ZAR: 16,5562 ZAR / JPY: 8,5286 EUR / USD: 1,1263 GBP / USD: 1,2896 USD / JPY: 109,58 Ø ZAR remains range bond for now Ø GDP data released puts us in technical recession Ø Possibility now of further downgrade by rating agencies ØRead more
Rates USD / ZAR: 12,8287 EUR / ZAR: 14,4565 GBP / ZAR: 16,5153 ZAR / JPY: 8,6129 EUR / USD: 1,1261 GBP / USD: 1,2866 USD / JPY: 110,69 Ø ZAR regains losses after S&P rating decision. Ø Internal sagas will play big roll on demise of ZAR Ø Terror attack’s causing huge uncertaintyRead more
Rates USD / ZAR: 12,8475 EUR / ZAR: 14,3493 GBP / ZAR: 16,4844 ZAR / JPY: 8,6478 EUR / USD: 1,1162 GBP / USD: 1,2824 USD / JPY: 111,28 Ø ZAR volatile after NEC vote of no confidence Ø Political turmoil a recipe for further down grades Ø Zuma survives another vote of no confidenceRead more
USD / ZAR: 13,2337 EUR / ZAR: 14,8917 GBP / ZAR: 17,2001 ZAR / JPY: 8,3824 EUR / USD: 1,1245 GBP / USD: 1,2988 USD / JPY: 111,15 Ø ZAR remains strong but range bound Ø Cosatu snubs the president and wont allow him to address their events Ø Terror attack in UK has marketRead more
Rates USD / ZAR: 13,2172 EUR / ZAR: 14,7929 GBP / ZAR: 17,188 ZAR / JPY: 8,4251 EUR / USD: 1,1187 GBP / USD: 1,2994 USD / JPY: 111,49 Ø ZAR regains its losses Ø Dollar under extreme pressure with Purported US/Russia relationship Ø Moody’s to maybe downgrade Ø SA political saga still rife ZARRead more
Rates USD / ZAR: 13,3625 EUR / ZAR: 14,8573 GBP / ZAR: 17,3224 ZAR / JPY: 8,3186 EUR / USD: 1,1112 GBP / USD: 1,2956 USD / JPY: 111,34 Ø GM disinvests in SA ahead of SA corruption and Political turmoil Ø Brazil woes affecting EM currencies Ø Trump in denial on investigation. Ø Fundamental’sRead more