Bridgepoint buys forex provider Moneycorp

2014-08-29 16:21

European private equity firm Bridgepoint has bought British foreign exchange provider Moneycorp, says the fund.

Rand buoyed by emerging market appetite

2014-08-27 18:48

The rand has strengthened against the dollar, supported by increased emerging market risk appetite and after the economy avoided slipping into recession.

Rand firms against the greenback

2014-08-26 18:57

The rand has ended slightly firmer against the dollar on the back of a positive gross domestic product number.

Rand eases ahead of GDP data

2014-08-25 18:17

The rand has remained within range ahead of GDP data in the next session, with the currencu facing pressure on concerns over the eurozone economies.

Rand under pressure, tracking weaker euro

2014-08-25 09:26

The rand has weakened slightly, tracking a weaker euro after dovish comments from the European Central Bank President Mario Draghi knocked the regional currency.

Rand continues downward trend

2014-08-20 17:59

The rand has recorded a fourth straight day of losses against the dollar, pressured by the downgrade of the country's four largest banks and stubbornly high inflation.

Dollar rises in Asia on upbeat US data

2014-08-20 07:37

The dollar has extended its gains in Asia after an encouraging surge in US housing construction boosted optimism over the state of the world's number one economy.

Rand slips as US economy boosts dollar

2014-08-19 09:36

The rand has weakened as encouraging economic reports in the United States pushed the dollar higher.

Rand steady near resistance level

2014-08-15 09:15

The rand has held steady against the dollar, pausing in its recent march towards the key R10.50/$ resistance level.

Rand holds steady, focus on mining data

2014-08-14 09:27

The rand has held steady against the dollar, trading near a two-week high as the greenback suffered a setback after weak economic data.

Rand reaps rewards of weaker US, China data

2014-08-13 17:56

The rand has climbed to its strongest levels in two weeks, taking advantage of soft economic data out of the world's two biggest economies.

Rand eases slightly against dollar

2014-08-12 18:32

The rand has eased slightly against the dollar, with investors looking ahead to domestic economic indicators.

Dollar bounces back in Asia

2014-08-11 11:06

The dollar has rallied against the yen and euro after the unit plunged in the wake of the announcement that Washington had authorised air strikes in Iraq.

Independent Scotland could face currency limbo

2014-08-10 12:45

Scotland may be left in a currency limbo if it votes for independence because it is uncertain if it could continue using the pound or join the euro.

Dollar mixed ahead of central bank meetings

2014-08-07 11:12

The dollar has dropped against the yen and the euro, but gained on the British pound ahead of central bank meetings in Britain, Japan and Europe.

Euro up in Asia ahead of ECB meetings

2014-08-07 07:42

The euro has edged up in Asia ahead of central bank meetings as investors focus on whether European policymakers will hint at further monetary easing.

Rand falls to month low as risk appetite wanes

2014-08-06 09:55

The rand has fallen to a four-and-a-half week low against the dollar, while upbeat US data boosted the dollar across the board.

Rand returns to weaker trend

2014-08-04 18:08

The rand has stumbled against the dollar, resuming a weakening trend after posting rare gains, as markets looked ahead to the release of economic indicators.

Euro slips on Portugal bank bailout

2014-08-04 11:38

The euro has slipped against the dollar in Asia following news of a bailout for a crisis-hit Portuguese bank, while the dollar held steady after falling on US jobs data.

Rand weakens for fifth straight day vs dollar

2014-08-01 09:31

The rand has weakened against the dollar for a fifth consecutive day, as the currency struggled to shake off fundamental economic weakness.

Rand on the back foot ahead of trade data

2014-07-31 09:39

The rand has traded softer against the dollar and could weaken further if the latest trade data shows a wider-than-expected deficit for June.

Rand flat, data expected to weigh

2014-07-30 09:34

The rand has been broadly flat against the dollar, with investors bracing themselves for the release of indicators expected to show more weakness in the economy.

European stock markets strike mixed note

2014-07-28 18:41

Europe's stock markets have closed mixed, starting the week on a tepid note as traders weighed a raft of corporate news.

European shares dip early

2014-07-28 13:00

European stocks have reversed early gains, adding to the previous session's losses, with Germany's Wincor Nixdorf sinking after it lashed its sales forecast.

Rand steady as market awaits strike talks news

2014-07-25 09:59

The rand has held steady against the dollar, with investors waiting to see if striking metal workers will accept a wage deal from employers.


Rand down on Ukraine tensions

2014-08-29 10:42

The rand has weakened against the dollar as tensions in Ukraine soured global risk sentiment and as investors looked ahead to new trade deficit data.

Euro hits fresh lows, Asia shares at highs

2014-08-27 09:45

The euro has been cracking under pressure as feverish speculation of further policy stimulus in the eurozone drove bond yields to all-time lows.

Rand holds steady before key GDP data

2014-08-26 09:27

The rand has held steady against the dollar, as local investors braced for the release of domestic economic growth data later in the day.

Dollar in demand as stimulus talk dogs euro, yen

2014-08-25 09:44

The dollar has marched higher against the euro and yen as investors wagered that interest rates were set on a diverging course in the US, Europe and Japan.

Rand pauses after four-session slide

2014-08-21 10:06

The rand has been largely unchanged, recovering after four sessions of losses but still unable to shake off the negative economic outfall of a banking downgrade.

Rand hits week low after bank downgrades

2014-08-20 09:48

The rand has fallen to its weakest level in a week as a ratings downgrade of four top banks hit local sentiment.

Rand steady on interest rate expectations

2014-08-19 18:03

The rand has gleaned support from expectations that interest rates are going to continue higher, keeping the currency holding steady against a stronger dollar.

Rand steady to dollar, bond yields mixed

2014-08-18 09:25

The rand has held steady against the dollar ahead of major economic data releases locally and abroad.

Dollar steady after calls to end Ukraine crisis

2014-08-15 09:00

The dollar has held steady in Asia on easing concerns over the situation in Ukraine as Russian President Vladimir Putin called for an end to the crisis.

Euro mixed in Asia ahead of eurozone data

2014-08-14 07:20

The euro was mixed in Asia as investors awaited second-quarter eurozone growth figures.

Rand ticks lower ahead of retail sales data

2014-08-13 08:48

The rand has eased slightly, with investors looking ahead to domestic economic indicators and geopolitical developments abroad in search of direction.

Rand softer as safe-haven assets gain appeal

2014-08-12 09:48

The rand has eased within a recent range, tracking a weaker tone in emerging markets as geopolitical concerns pushed investors toward safe-haven assets.

Rand eases, global tensions drive uncertainty

2014-08-11 10:06

The rand has weakened slightly against the dollar as political tensions in Ukraine continued to drive global risk aversion.

Rand steady, may soften on risk aversion

2014-08-08 12:18

The rand has traded in a narrow range against the dollar but could weaken into the weekend as political turmoil in Russia drains appetite for risky assets.

Rand weighed down by growth worries

2014-08-07 09:54

The rand has hovered close to the four-and-a-half week trough against the dollar, impacted by the political crisis in Ukraine and worries about domestic growth.

Rand firms marginally, bonds mixed

2014-08-06 18:44

The rand has picked up against the dollar, but remains at the weaker end of a recent trading range that could be tested if factory data are weaker than expected.

Rand falls after weak July PMI

2014-08-05 17:54

The rand has fallen by almost 1% against the greenback, threatening to break out of a recent range after the release of weak Purchasing Managers Index numbers.

European stocks rise after Portugal rescue

2014-08-04 14:28

European stock markets have risen, supported by a Portuguese state rescue for Banco Espirito Santo.

Rand holds steady, likely to strengthen

2014-08-04 09:42

The rand has held steady against the dollar and looked set to trade firmer versus the US currency after closing with a bullish tone last week.

Rand weaker against dollar

2014-07-31 17:56

The rand has fallen by over half a percent against the dollar, failing to gain momentum from a surprise narrowing of the trade deficit.

Rand weakens against resurgent dollar

2014-07-30 18:11

The rand has notched its third straight daily loss against the dollar, hitting a week-long low as investors gravitated towards the greenback.

Rand slips despite end to metals strike

2014-07-29 09:17

The rand is expected to be volatile this week as markets look ahead to the release of a number of economic indicators.

Rand firms after end to metals strike

2014-07-28 18:02

The rand has firmed against the dollar after Numsa said its striking members had accepted a wage offer to end a four-week stoppage in the metals sector.

Rand steady, could soften on trade data

2014-07-28 10:18

The rand was flat against the dollar in early trade, with the risk of weakening during the week if domestic trade data shows a widening deficit.

Rand breaks R10.50 barrier

2014-07-24 18:33

The rand convincingly broke through the R10.50 per dollar resistance, buoyed by euro gains and the possibility of an end to a three-week metal workers' strike.

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