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The South African rand retreated on Friday following strong recent gains, but analysts said the outlook for the currency ...
WE LOOK AT A chart of the always important US dollar/rand. It’s been showing rand strength again over recent weeks. But is that likely to last? We also show a chart of financial giant Sanlam. It’s ...
Consequently, the rand has strengthened against the dollar. This relationship is evident in the USD/ZAR chart above, where the rand’s appreciation, aligned with gold’s strength, has driven the ...
technical charts show. The rand would rally toward "at least R6.82" to the dollar in the third quarter, from R8 at 9am yesterday, as it moved toward its "long-term rising support line", said ...
Political Dynamics: The instability within the ANC/DA coalition is a critical factor contributing to the anticipated weakening of the Rand. With the upcoming US Presidential debates on June 27th ...
So, when Methodical Investment Management’s fixed income portfolio manager Jean-Pierre du Plessis posted a rand-dollar purchasing power parity (PPP) chart on social media last week, he must have ...
"Looking at the dollar/rand chart this morning confirms that for the first time since January 3 the upwards sloping dollar/rand trend has been broken to the downside," Tradition Analytics said.
JOHANNESBURG, Dec 22 (Reuters) - South Africa's rand firmed in early trade on Thursday, as the U.S. dollar softened due to a pickup in risk sentiment. At 0527 GMT, the rand ZAR=D3 traded at 17. ...
which drove it to one-month highs against the dollar. The unit broke through 8.74 resistance but technical charts suggested the move may have been overdone and the rand started to correct in ...