Rand recovery punishes SA's ageing, costly gold mines

2017-08-17 17:32

A big rebound in the rand has turned SA’s biggest gold producer from churning cash a year ago to making losses and shutting mines.

Asian tech stocks rally, yen gains on Fed minutes

2017-08-17 07:51

Most Asian stocks have risen, led by technology shares after stellar earnings at Tencent. The yen climbed and the dollar extended declines after Federal Reserve meeting minutes reduced the odds of another US interest rate increase this year.

Rand races to under R13.30/$

2017-08-14 13:20

The rand has strengthened more than 1.3% against the US dollar, moving below the R13.30-level against the greenback.

Rand leads world currency losses as Zuma survives ouster vote

2017-08-08 21:45

The rand tanked after President Jacob Zuma survived another motion of no confidence even after the vote was done through a secret ballot.

Euro extends gain amid mixed stocks, gold advances

2017-08-08 11:57

Europe’s common currency has edged higher and the dollar fell back in a lackluster trading session.

SA’s moment of reckoning could make it watershed week for rand

2017-08-07 14:28

The no confidence vote against President Jacob Zuma in Parliament and the ratings review by Moody’s could make it a watershed week for the rand, analysts caution.

Pound gains as BoE says rates may rise more than expected

2017-08-04 13:52

The pound has risen and bonds fell after Bank of England Deputy Governor Ben Broadbent said interest rates could rise more than the markets expect.

Euro's big month has chart-watchers looking back to 2010 levels

2017-08-02 13:47

After the euro surged through a critical technical level, analysts are looking back to 2010 for perspective on how high it could rise.

Euro halts two-day advance as traders eye barriers at $1.1850

2017-08-01 12:22

The euro has fallen for the first time in three days versus the dollar as traders refrained from adding fresh long positions ahead of barriers at $1.1850.

Dollar slips after US growth data, stocks fall

2017-07-28 15:42

The dollar has weakened, the euro extended gains and gold climbed after data showed the US economy expanding at a slower-than-expected pace.


Pound climbs vs euro as UK retail sales better than seen

2017-08-17 11:35

The pound has extended gains versus the euro as UK retail sales rose more than forecast in July.

Pound rises, bonds fall on better-than-forecast UK labour data

2017-08-16 12:38

The pound has advanced and UK government bonds fell after the nation’s unemployment rate dropped to the lowest since 1975.

Brace for pound turbulence as economics and politics collide

2017-08-14 10:06

The pound may be in for a bout of volatility, according to analysts, after a week that saw the currency confined to its tightest range versus the dollar in almost three years.

Bearish rand bets collapse ahead of no-confidence vote on Zuma

2017-08-08 14:35

Investors are the least bearish on the rand in more than a year as MPs prepare to vote on a motion to remove President Jacob Zuma.

Rand rallies on surprise secret vote call on Zuma

2017-08-07 16:09

The rand has rallied to under R13.20/$ after Speaker of the National Assembly Baleka Mbete announced that the vote of no confidence in President Jacob Zuma will be done by secret ballot.

Dollar recovers, stocks rise after US jobs report

2017-08-06 15:22

The dollar got a shot in the arm from strong US jobs data, with equities also pushing ahead as investors welcome the signs of American economic strength.

Dollar falls for third day as traders await payrolls report

2017-08-04 12:07

The dollar has fallen for a third day versus the euro as investors await July payrolls data due later, with traders bracing for the pair to hit the 1.20 mark.

Rand breaches R13.30/$ on ratings jitters

2017-08-01 13:27

The rand has extended its losses, breaching the R13.30 to the US dollar level as credit rating fears resurfaced.

Pound rises after better-than-expected UK manufacturing data

2017-08-01 11:32

The pound has risen versus the dollar after data showed British manufacturing grew faster than expected, bolstered by the strongest jump in export orders in seven years.

Pound heads for weekly advance even as BoE tightening odds ease

2017-07-28 12:32

The pound has been on track for weekly advances against most major peers ahead of the Bank of England’s policy decision.

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