The rand was still trading listless effecting rand volatility, as the market tries to find some concrete evidence of what direction to take, following a rally on Monday after news of the Spanish $125bn banking bailout. The ZAR moved in a quiet range on the day from a 25c to 35c range. Markets are justRead more
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Market Trends May 2012 ZAR under extreme pressure ,and risk volatility remains high/Fitch downgrades Japan Greece playing havoc with markets, Asian/Aussie markets all down The volatile rand was weaker today as it tracks international markets which slumped on news that Japan had been downgraded and on concerns about the outcome of the EU meetingRead more
Forex market trend analysis ZAR under extreme pressure ,and risk volatility remains high Greece playing havoc with markets, Asian/Aussie markets all down Chinese looking to stabilize growth in their country The rand was firmer today as a Greek poll over the weekend showed more support for austerity and therefore staying in the euro zone.Read more
Forex trading outlook ZAR under extreme pressure ,and risk volatility remains high Greece playing havoc with markets, Asian/Aussie markets all down The forex trading outlook of the rand was way weaker in afternoon trade on Monday as tension between Germany and Greece raised the possibility of a breakup of the euro zone. This has been myRead more