Rand steady vs dollar as market digests budget

2015-02-27 09:42

The rand has steadied against the dollar as traders await the release of trade data later in the day and continue to digest Finance Minister Nhlanhla Nene's budget.

Rand hardly moves on Nene's budget speech

2015-02-26 09:14

The day after Finance Minister Nhlanhla Nene raised income tax for the first time in 20 years, the rand has been trading not far off its previous closing level.

Rand muted, all eyes on Nene's budget

2015-02-25 10:06

The rand has traded cautiously ahead of the budget speech, in which Finance Minister Nhlanhla Nene is expected to keep his budget deficit target unchanged.

Rand gains after GDP surprise, focus on budget

2015-02-24 17:41

The rand has gained, supported by better-than-expected fourth quarter economic growth numbers, but traders have remained cautious ahead of the budget speech.

Rand, govt bonds weaken on budget jitters

2015-02-23 17:56

The rand has weakened and traders are expecting it to remain under pressure as investors await a slew of key economic data and the National Budget for direction.

Rand steady, market looks to budget for steer

2015-02-20 19:00

The rand is slightly firmer against the dollar, with traders and analysts expecting it to track global markets ahead of next week's domestic fourth quarter GDP data and budget review.

Rand firms on sharp inflation drop

2015-02-19 10:01

The rand has edged firmer as inflation and retail data offered few surprises, keeping the currency within a recent range with a move firmer likely.

Sterling rises towards 7-yr high vs euro

2015-02-18 12:38

Sterling has risen towards seven-year highs against the euro while gilt futures fell after data showed British pay growth far outstripped inflation in December.

Sterling dips briefly, UK stocks inch up

2015-02-17 12:17

Britain's index has inched into positive territory while sterling dipped only briefly before recovering after UK inflation was in line with expectations.

Rand steady, investors fret over Greece

2015-02-17 09:24

The rand has held steady against the dollar but traders are nervous about possible risk-averse sentiment after a break-down in European talks over Greece's debt.


Rand reverses gains, tracks weaker euro

2015-02-26 18:18

The rand has weakened against the dollar in line with the euro, relinquishing earlier gains which had been triggered by the government's plan to narrow the budget deficit.

Rand weakens, bonds pare gains after budget

2015-02-25 18:28

The rand has weakened against the dollar and government bonds have pared gains after Finance Minister Nhlanhla Nene raised income taxes and cut economic growth forecasts.

Dollar slips on Fed chief's rate hike comments

2015-02-25 09:04

The dollar has fallen as US Federal Reserve chief Janet Yellen hinted that a rate hike was unlikely before the summer.

Rand treads steadily ahead of GDP, budget

2015-02-24 09:42

The rand has treaded a narrow range against the dollar in cautious trade ahead of local economic growth data and a Federal Reserve testimony.

Rand softer ahead of 2015 budget

2015-02-23 09:39

The rand has been under pressure against the dollar as investor risk appetite remains tentative across the globe despite a rescue deal for debt-ridden Greece.

Rand steady, eye on Greek debt talks

2015-02-20 09:55

The rand has been steady against the dollar, but traders are expecting volatility in the currency as investors await an outcome from Greek debt talks.

SA govt bonds weaken, rand steady

2015-02-18 18:06

SA government bonds have weakened and the rand holds steady against the dollar, with investors wary of the uncertainty over Greece's debt negotiations with its creditors.

Rand steady, bonds down sharply on US rate fears

2015-02-18 09:54

SA government bonds have weakened sharply, tracking a slide in US treasuries in anticipation of imminent policy tightening by the Federal Reserve.

Euro struggles as Greek debt talks collapse

2015-02-17 09:34

The euro has lost more ground against the dollar in Asia after talks between Greece and its creditors collapsed, fanning fears that the country will tumble out of the eurozone.

Rand steady, return to volatility seen

2015-02-16 09:26

The rand has been flat against the dollar following volatile moves the previous week as the greenback's recent bull-run paused.

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