Rand drops on Zuma's surprise 'pro-nuclear' Cabinet reshuffle

2017-10-17 11:04

The rand lost more than 0.5% within minutes of President Jacob Zuma's announcement of yet another surprise Cabinet reshuffle.

Dollar snaps four-week rally as stocks consolidate

2017-10-13 07:59

The dollar and US Treasury yields have been poised to end four weeks of gains as confidence in American tax-cut plans waned, while the Fed made policy makers wary of another rate hike.

Euro holds gains on Catalonia speech, Asia markets rally

2017-10-11 07:39

The euro has held gains after Catalonia's leader stepped back from the brink in a standoff with Spain over independence while Asian markets pushed higher after another record close on Wall Street.

Dollar gains, stocks mixed as US policies mulled

2017-10-02 07:31

Treasury yields have risen with the dollar as investors contemplate prospects for US tax cuts and the potential of a less dovish Federal Reserve chief.

US rate rhetoric spooks rand, dives 1.5%

2017-09-27 12:15

The rand lost more than 1.5% against the US dollar, breaking through R13.50/$ for the first time in almost three months as the greenback rallied on rate hike hopes.

War talk knocks rand over R13.40/$

2017-09-26 19:16

The rand was on the back foot on Tuesday, weakening to over R13.40/$, as the continued war of words between North Korea and the US triggered a flight to safety among investors.

Yen falls as Fed, BOJ decide, Asia stocks mixed

2017-09-21 08:01

The yen has declined and the dollar extended gains against major peers as the US Federal Reserve and the Bank of Japan announced diverging monetary policies.

Pound gains as UK data spur rate-hike speculation

2017-09-20 12:03

The pound has strengthened after UK retail sales rose more than forecast, boosting investor expectations that the Bank of England will raise borrowing costs.

London stocks slump as pound gains on latest rate hike hint

2017-09-17 10:19

The London stock market edged lower as investors shrugged off news of a bomb attack in the British capital and instead took their cue from the surging pound.

Pound surges to post-Brexit high as BoE turns hawkish

2017-09-15 11:58

The pound has climbed to the highest level against the dollar since just after the Brexit vote and gilts slid as a Bank of England policy maker stoked a rate hike speculation.


Pound holds weekly gain as pricing for BoE rate increase climbs

2017-10-13 14:21

The pound has swung between gains and losses, whipsawed by headlines surrounding the status of the UK’s eventual exit from the EU.

Rand will rebound against dollar by end of 2017 - analysts

2017-10-11 09:02

Analysts predict the rand will rebound against the dollar by year-end as the pull of improving fundamentals and the hunt for yield support buyers amid lingering political and fiscal risks.

Why the rand is weakening

2017-10-09 14:00

As the rand continues its decline against the dollar, financial experts give their views on what could be behind its current weaker performance.

Dollar extends gains after Trump tax plan but equities struggle

2017-09-28 07:27

The dollar has edged up further in Asia as focus turned back to the United States after Donald Trump unveiled his market-friendly tax cut plans.

Euro retreats as investors fret over German election

2017-09-27 07:20

The euro has slid back under $1.18 for the first time in a month as investors fear about the difficulties Angela Merkel will have putting together a government coalition in Germany and the implications for Europe.

Euro drops as German vote sinks in, gold retreats

2017-09-25 12:43

Politics have dominated trading, with the euro sliding as Germany’s election result foreshadowed potentially complex political-coalition building.

Dollar extends gains in Asia as Fed heads for rate hike

2017-09-21 07:35

The dollar has built on the previous day's gains after the Fed unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year.

Pound weakens as investors take profit ahead of Carney speech

2017-09-18 12:35

The pound has fallen for the first time in three days as investors took profits following the currency’s best week versus the dollar since 2009.

London tube terrorist attack spooks rand

2017-09-15 13:23

The rand has instantly lost 5c to the US dollar following the news of a terror attack in London.

Rand spikes above R13.20/$ on US CPI

2017-09-14 15:56

The rand spiked through the R13.20 resistance level to a high of R13.27 to the dollar after US CPI came in better than expected.

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