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Rand retreats back towards R14/$ after gloomy Chinese dataYet another economic data release has underscored the damaging effects of the US-China trade war
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand inches higher, stocks slideThe dollar index was down 0.3% in early trade, ceding ground to safe haven currencies on worries about the US government shutdown and a slower pace of Federal Reserve rate hikes.
Source: ewnupdates - 🏆 30. / 53 Read more »
Wild swings make rand the most unpredictable currency once againThe rand’s price swings have been the widest among 24 of its peers in the past week as risk assets have been rocked You think? Even the forward rates are more volatile than most currencies
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand slightly weaker to the pound as market eyes possible May exitUK Prime Minister Theresa May is facing a vote of no confidence later in the evening, while the market is also watching for US inflation data
Source: BDliveSA - 🏆 12. / 63 Read more »
#RandReport: Rand firms as dollar slides, stocks jumpAt 1501 GMT, the rand traded at 14.1575 per dollar, 1.12% firmer than its New York close of 14.3175 on Tuesday.
Source: ewnupdates - 🏆 30. / 53 Read more »
No change in UK prime minister cheers rand and marketsThe JSE desperately needs the Santa rally to continue to mitigate its 2018 losses, while November’s producer inflation is expected to have slowed slightly
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand firms in early tradeThe rand strengthened early on Thursday, as signs of easing Sino-US trade tensions and expectations that China will step up efforts soon to aid its cooling economy supported investor appetite for riskier assets. One day I will be strong & resilient like the Rand ✊🏾
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand steadies at stronger levels as global sentiment liftsEasing US-China trade tension is the chief catalyst behind improving investor sentiment, with signs of easing UK Brexit concerns adding a positive touch
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand claws back lossesThe rand has begun to claw back some of the losses recorded on Monday.
Source: eNCA - 🏆 49. / 51 Read more »
#RandReport: Rand firms in line with emerging markets and stocksThe rand was trading at 14.3300 per dollar by 1540 GMT, 0.35% firmer than its New York close of 14.143800.
Source: ewnupdates - 🏆 30. / 53 Read more »
Rand Water technicians working to restore water in AlbertonThe Klipriviersberg reservoir is at below 20% with the system itself at a critically low level because of the fault.
Source: ewnupdates - 🏆 30. / 53 Read more »