Rates USD / ZAR: 14.109 EUR / ZAR: 14.9266 GBP / ZAR: 17.576 ZAR / JPY: 8.0207 EUR / USD: 1.0569 GBP / USD: 1.2448 USD / JPY: 113.33 1. ZAR remains resilient 2. Moody’s report release today 3. US holiday keeping market thin and quiet While it’s Thanks Giving Day in the US,Read more
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Rates USD / ZAR: 14.0448 EUR / ZAR: 14.93 GBP / ZAR: 17.438 ZAR / JPY: 7.8891 EUR / USD: 1.0629 GBP / USD: 1.2407 USD / JPY: 110.94 1. SA Hawks to probe corruption against President Zuma? 2. SA unemployment rate – calls for crisis talks on deteriorating employment dynamics 3. SA nuclearRead more
Rates USD / ZAR: 14.19 EUR / ZAR: 15.102 GBP / ZAR: 17.746 ZAR / JPY: 7.7918 EUR / USD: 1.0626 GBP / USD: 1.2489 USD / JPY: 110.8 1. ZAR regained some losses 2. Equity markets record levels 3. ZAR Supported by fundamentals ZAR has regained most of its losses overnight as marketsRead more
Rates USD / ZAR: 14.4425 EUR / ZAR: 15.3134 GBP / ZAR: 17.835 ZAR / JPY: 7.6711 EUR / USD: 1.0593 GBP / USD: 1.2338 USD / JPY: 111.07 1. SA: Recommended national minimum wage 2. SA’s prospects of avoiding a credit ratings downgrade 3. Global majors continue on weakening trend Local weekend developmentsRead more
Rates USD / ZAR: 14.4487 EUR / ZAR: 15.3272 GBP / ZAR: 17.92 ZAR / JPY: 7.6478 EUR / USD: 1.0598 GBP / USD: 1.239 USD / JPY: 110.68 1. ZAR under pressure 2. J Yellen hints at US rate rise 3. US bond rise at expense of EM markets 4. Rating agencies inRead more
Rates USD / ZAR: 14.1412 EUR / ZAR: 15.2 GBP / ZAR: 17.645 ZAR / JPY: 7.7053 EUR / USD: 1.0742 GBP / USD: 1.2469 USD / JPY: 109.11 1. Markets take a breather 2. ZAR Recovers 3. Fin Min Gordhan to be charged, Shaun Abrahams under pressure. Markets seem to be taking aRead more
Gut Feel Rates USD / ZAR: 14.2875 EUR / ZAR: 15.3682 GBP / ZAR: 17.851 ZAR / JPY: 7.5547 EUR / USD: 1.075 GBP / USD: 1.2485 USD / JPY: 108.09 1. ZAR worst performed in EM basket 2. ZAR lost some 8.8% since US election 3. ZAR looking for fundamentals forRead more
Rates USD / ZAR: 13.3440 EUR / ZAR: 14.9160 GBP / ZAR: 17.3620 ZAR / JPY: 7.5879 EUR / USD: 1.1162 GBP / USD: 1.2999 USD / JPY: 101.45 ZAR still stronger O/N but stalling Importers should look at % covering Offshore investors looking at the higher yield in SA ZAR trading session over lastRead more
Rates USD / ZAR: 13.916 EUR / ZAR: 15.5589 GBP / ZAR: 18.367 ZAR / JPY: 7.3392 EUR / USD: 1.1179 GBP / USD: 1.3188 USD / JPY: 102.3 ZAR stalled by importer demand Local elections could play a part in direction Soggy commodity prices as emerging markets battle Wait and See for tomorrow ZARRead more
ZAR Gut Feel Commentary: · The main talking point is the dollar weakness, which gathered pace yesterday the markets once again are zoning in on the US Fed’s sentiments as they release their mid-quarter statement tonight and the FOMC rate decision today. Keep an eye out for any word as to when the Fed will hikeRead more