Rand bides time before trade data

57 minutes ago

The rand has weakened but stayed within its recent trading range, marking time before the release of volatile trade numbers that usually hurt the currency.

Rand steady after overnight post-Fed losses

2014-10-30 09:38

The rand has recovered some of its poise against the dollar after retreating sharply overnight when the US Federal Reserve surprised global markets.

Rand hovers near 7-week high

2014-10-29 09:22

The rand has held steady after rallying to its strongest level in seven weeks overnight alongside other emerging currencies.

Rand bids time ahead of risk events

2014-10-27 18:33

The rand has moved little, bidding time ahead of a data-heavy week that will drive direction.

Rand still on firmer ground

2014-10-24 19:30

The rand has hovered near the previous day's five-week highs against the dollar, still anchored by a well-received mini budget.

Rand holds onto gains, seeks direction

2014-10-24 09:46

The rand has held near recent highs against the dollar in early trade, looking for direction after hitting the R10.92 area.

Rand edges firmer ahead of mini budget

2014-10-22 09:38

The rand has edged firmer against the dollar but has surrendered some of its earlier gains as investors held their bets ahead of the mini budget review.

Rand races to firmest in a month vs dollar

2014-10-21 18:31

The rand has clawed to its firmest level in 25 days against the dollar as investors took some comfort from China's GDP data.

Dollar eases in Asia after weak China data

2014-10-21 09:54

The dollar has slipped in Asia as weak Chinese growth data rekindled concerns about the global economy.

Rand steady, market eyes Nene's first budget

2014-10-20 09:48

The rand has traded in a narrow range against the dollar, with domestic focus firmly on Finance Minister Nhlanhla Nene's medium-term budget statement.

Rand firms against dollar as pressure lurks

2014-10-17 10:56

The rand has pulled back from one-week lows against the dollar but is not out of the woods, as investors brace for a likely deterioration in economic growth.

Rouble's dip shows Russia's reliance on West

2014-10-16 14:15

A steep plunge in the rouble, caused by sanctions and falling oil prices, has underlined Russia's heavy dependence on Western finance.

Rand edges firmer against the dollar

2014-10-15 18:51

The rand has been slightly firmer against the dollar as comments from Finance Minister Nhlanhla Nene helped the unit fend off concerns about growth prospects.

Rand struggles against dollar

2014-10-14 18:19

The rand battled against the dollar as investors fretted about weak global growth prospects with worries about the domestic budget deficit likely to add pressure.

Rand firmer as US holiday offers reprieve

2014-10-13 18:24

The rand has clawed back more than half a percent in gains versus the dollar, sneaking into firmer territory after a two-session losing streak.

Rand halts 4-day gains

2014-10-10 17:57

The rand has snapped a four-day winning streak against the dollar, amid a lack of domestic impetus to counter rising concerns about the state of the global economy.

Rand firmer, helped by hawkish Sarb comments

2014-10-09 18:06

The rand has strengthened against the dollar after comments by deputy SA Reserve Bank governor Daniel Mminele buoyed expectations for an interest rate hike.

Rand stutters as Kganyago relief wears off

2014-10-08 09:28

The rand has snapped gains against the dollar as the euphoria from Lesetja Kganyago's appointment as SA Reserve Bank governor wore off.

Dollar rally wanes as BoJ stays pat on easing

2014-10-07 09:34

The dollar's rally against the yen has fizzled in Asian trading as the Bank of Japan held off launching fresh monetary easing measures.

Sanctions hit rouble hard

2014-10-06 16:35

Russia's rouble has struck a new all-time low against the dollar, breaking a psychological level under the weight of Western sanctions.

Rand hits eight-month low

2014-10-03 18:45

The rand has dropped nearly 2% against the dollar as the US currency charged after positive employment data in the world's biggest economy.

Rand weakens as consumer confidence dips

2014-10-03 09:27

The rand has weakened as flagging consumer confidence added to mounting economic concerns, while US payrolls due later could provide fresh direction.

Rand on the ropes over trade, budget deficits

2014-10-01 10:26

The rand has remained on the back foot against the US dollar, still spooked by data showing yawning trade and budget deficits.

Rand ends 3-day slide as dollar slows down

2014-09-30 10:47

The rand has firmed for the first session in three days against the dollar, as the greenback took a breather after a strong run.


Rand bounces back against a firm dollar

2014-10-30 18:14

The rand has firmed against the dollar as the reserve bank defended its inflation targeting policy, saying it was the best approach to reducing price pressures.

Rand firms ahead of US Fed speech

2014-10-29 18:17

The rand has firmed slightly against the dollar as markets await the outcome of a US Federal Reserve meeting on its direction regarding interest rates.

Rand firmer as US data disappoints

2014-10-28 18:45

The rand has firmed to a six-week high against the dollar as durable goods orders in the United States came in below estimates.

Dollar steady in Asia before Fed meeting

2014-10-28 09:02

The dollar has held steady in Asia before the US Federal Reserve starts a two-day policy meeting that is expected to see it wind up its stimulus programme.

Rand eases ahead of busy data week

2014-10-27 09:45

The rand has weakened slightly against a stronger dollar, ahead of a busy data week that should set its short-term course.

Dollar rally fizzles in Asia

2014-10-24 09:56

The dollar has edged down against the yen in Asia after rallying on good economic data, with the first Ebola case in New York City hitting investors' risk appetite.

Rand retreats as Nene cuts growth outlook

2014-10-23 09:51

The rand has weakened against the dollar, following Finance MInister Nhlanhla Nene's warning that the economy was struggling to reduce poverty and create jobs.

Euro rebounds on ECB easing plan reports

2014-10-22 09:38

The euro has rebounded modestly in Asia after it dropped in New York on reports that the European Central Bank could expand its bond-buying programme.

Rand at strongest level in a week

2014-10-21 10:08

The rand has edged up to its firmest level in a week against the dollar, tracking stronger Asian currencies after GDP data in China was better than expected.

Rand gains in recovery mode

2014-10-20 19:40

The rand has gained against the dollar, starting a risk-heavy week in firm territory, with investors waiting for the finance ministry's update on the mini budget.

Putin gets a helping hand from state TV

2014-10-17 18:00

As the head of Russia's biggest state bank and a favourite of President Vladimir Putin, German Gref has long been a loyal supporter of state economic policy.

Rand hit amid global growth worries

2014-10-16 18:21

The rand has touched its weakest level in more than a week as investors fretted about weak global growth prospects.

Rand slips as Chinese data weighs

2014-10-16 09:58

The rand has fallen against the dollar, under pressure from Chinese data suggesting that economic growth in the major export destination is cooling.

Rand stable, could weaken on retail sales

2014-10-15 10:39

The rand has largely been flat against the dollar, with scope to lose some ground on the back of what is likely to be weak retail sales data later in the day.

Rand remains in a narrow range

2014-10-14 09:38

The rand has edged firmer against the dollar and looks set to remain in a tight range in the absence of major local data releases which could provide direction.

Dollar climbs as global growth worries mount

2014-10-12 13:14

The dollar has gained against other major currencies except the yen, amid rising worries about global growth, particularly the eurozone's stuttering economy.

Rand eases after hitting 3-week high

2014-10-10 09:21

The rand has weakened slightly against the dollar after posting sharp gains this week on the back of dovish comments from the US Federal Reserve.

Rand holds near 3-week highs on Fed relief

2014-10-09 10:02

The rand has held near three-week highs on hopes that the Fed would hold back on interest rate hikes, while government bonds rallied to their firmest in a month.

Rand down on foreign reserves dip

2014-10-07 10:02

The rand has lost ground against the dollar as the greenback rebounded and SA Reserve Bank data showed foreign reserves slipped in September.

Rand firms after Kganyago's appointment

2014-10-06 18:41

The rand has climbed as much as 0.9% against the dollar as investors applauded the appointment of Lesetja Kganyago to succeed Gill Marcus as reserve bank governor.

All eyes on Zuma for naming of new Sarb chief

2014-10-06 09:05

The rand has firmed slightly as President Jacob Zuma is expected to announce a successor to Reserve Bank governor Gill Marcus at a news conference.

Dollar edges up ahead of US jobs data

2014-10-03 09:59

The dollar has rebounded against the yen in Asian trade after tumbling from a six-year high, as investors await the release of a key US jobs report.

Rand up as dollar dips on disappointing data

2014-10-02 10:39

The rand has strengthened against the US dollar, extending its gains into a second session as the greenback slid on weaker-than-expected manufacturing activity.

Dollar on six-year high against yen

2014-10-01 08:17

The dollar has broken the ¥110 barrier for the first time in more than six years, following upbeat US data and expectations of more Bank of Japan monetary easing.

Rand struggles at fresh 8-month low

2014-09-29 11:11

The rand has touched a fresh 8-month low against the dollar, as the greenback extended last week's gains after stronger than expected US GDP data.

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