Dollar strengthens on US rate outlook

2016-10-21 13:58

The dollar has risen, reaching the strongest level against the euro since March, on speculation US monetary policy will diverge from stimulus measures.

Euro declines to lowest since July

2016-10-20 10:25

The euro has fallen to its lowest level in almost three months against the dollar before the European Central Bank announces its policy decision.

Pound erases gains as Germany to avoid contact with UK

2016-10-19 13:03

The pound has erased a gain versus the dollar after Germany was said to instruct officials to avoid any back-channel contacts that could hand UK an advantage.

Reason for the rand’s volatility revealed

2016-10-19 07:56

The mystery behind the rand’s volatility has been identified in a working paper by the International Monetary Fund.

Sceptical Zimbabweans stock up on cash as bond notes loom

2016-10-18 12:21

As the country readies for the dreaded introduction of bond notes and a liquidity crunch bites, Zimbabweans are trying every trick in the book to get extra dollars.

Rand rallies after Gordhan says he won't quit

2016-10-14 18:09

The rand has rallied against the dollar after Finance Minister Pravin Gordhan described fraud charges against him as frivolous, adding he intended to continue in his job.

Rand recovers, stocks touch 3-1/2-month low

2016-10-13 20:21

Stocks have reached 3-1/2-month lows in line with world equities, while the rand recouped some of its losses against the dollar.

Pound recovers - more woe for Samsung

2016-10-12 14:15

The British pound has recovered ahead of a parliamentary debate on Brexit, while Samsung has faced further pressure after a major profits warning.

INFOGRAPH: The rand since Nenegate

2016-10-11 17:10

This infographic tracks the movements of the rand since President Jacob Zuma announced that Des van Rooyen will replace Nhlanhla Nene as minister of finance.

Rand tanks on Gordhan summons news

2016-10-11 10:18

The rand has tumbled 2.93%, following the news that Finance Minister Pravin Gordhan has been served a formal summons, believed to be for fraud.


Euro falls to lowest since March

2016-10-21 09:10

The euro has fallen to its lowest since March after Mario Draghi signalled quantitative easing won’t come to an “abrupt” end.

Dollar advances as stocks mixed with oil above $51

2016-10-20 10:07

The dollar has strengthened versus all of its major peers ahead of a European Central Bank policy meeting, while European stocks retreated.

Dollar holds drop as US inflation damps Fed hike bets

2016-10-19 09:31

The dollar has held a two-day decline after a core US inflation gauge rose less than forecast, prompting traders to reduce bets the Fed Reserve will raise interest rates.

Dollar declines as Fed seen taking gradual path on rates

2016-10-18 12:45

The dollar has fallen for a second day against its peers as a consensus grew that the Federal Reserve will raise interest rates in December.

Yen holds decline as hedge funds reduce bullish bets

2016-10-17 13:54

The yen has held a three-week decline against the dollar as hedge funds trimmed bullish bets by the most since May.

Yen heads for longest losing streak since May

2016-10-14 09:09

The yen has extended a third weekly decline against the dollar amid speculation the Federal Reserve will raise interest rates this year.

Global markets: Pound turns around, Samsung sinks

2016-10-13 07:16

The pound reversed its 10-day fall on easing worries over a hard Brexit, while Samsung's shares tumbled again after it slashed its earnings outlook due to the Galaxy Note 7 fiasco.

Rand plunges as Gordhan saga intensifies

2016-10-11 20:47

The rand has dived to its lowest in almost a month after Finance Minister Pravin Gordhan was ordered to appear in court to face fraud charges.

Dollar climbs as treasuries decline

2016-10-11 13:29

The dollar has risen to its strongest level in 11 weeks and US bonds declined as investors boosted wagers that the Federal Reserve will raise interest rates this year.

Rand firmer as investors venture into risky assets

2016-10-10 19:34

The rand has firmed against the dollar as investors, seeing less chance of a victory by Republican nominee Donald Trump in next month's US presidential election, ventured into riskier emerging markets.

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