ARTICLES RELATING TO DOLLAR

Dollar under pressure in Asian trade

2013-06-14 10:37

The dollar has faced selling pressure in Asian currency markets with traders eyeing the safe-haven Japanese yen.

Dollar slumps to 10-wk low vs yen

2013-06-13 09:30

The dollar has slumped to a 10-week low against the yen in Asia as investors ran for cover in the face of tumbling stock markets.

N Korea surrenders to foreign currencies

2013-06-03 09:37

Chinese currency and US dollars have been used more widely than ever in North Korea instead of the country's own money.

Asian shares dip, dollar firms

2013-05-21 08:42

The dollar inched higher versus a basket of currencies but stayed below a three-year high, as investors ponder if Bernanke might reveal the timing of any wind-down.

Dollar near highs vs yen on jobs

2013-03-11 08:45

The dollar is near multi-year highs against the yen after surprisingly strong US labour data, but demand for riskier assets was curbed by a mixed bag of Chinese data.

Negative sentiment knocks rand

2013-01-23 15:10

The rand has fallen through the key R9 level against the dollar as increasing negative sentiment towards SA's economy triggered stop losses on the currency.

Rand weakens‚ eyes inflation data

2012-12-11 20:19

The rand weakened as traders eyed local inflation data for direction.

Rand falls over mixed data

2012-12-10 13:23

The rand has weakened after the release of China's latest export data and amid fears of the Italian president resigning.

Rand strengthens on Chinese optimism

2012-12-05 16:45

The rand strengthened after comments from China spurred optimism of potentially higher economic growth in the world’s second-biggest economy.

Rand expected to weaken further

2012-12-03 09:15

The rand could struggle to regain its strength in the days ahead as the country's weak fundamentals offset an anticipated end-of-year boost to the currency.

Rand firmer due to risk-on trade

2012-11-30 13:07

The rand continued its firmer stance against the dollar at noon‚ advancing for a seventh day, its longest winning streak in five months.

Risk appetite spurs rand recovery

2012-11-29 12:52

The rand rallied to its best level in two weeks‚ spurred by a renewed global risk-on environment amid revived hopes of progress on the US fiscal cliff talks.

Rand range bound ahead of EU meeting

2012-11-26 13:50

The rand traded in a narrow band to the dollar during mid-morning as traders looked to the decision whether Greece receives its next instalment of bailout money.

Rand a touch firmer at midday

2012-11-23 12:43

The rand was slightly firmer at noon amidst lacklustre trade due to the holiday weekend in the US.

Rand a fraction softer

2012-11-22 14:38

The rand remained under pressure at noon moving a little bit closer to the R9 to the greenback level due to US markets being closed for Thanksgiving.

Rand weaker on negative global sentiment

2012-11-21 13:08

The rand was softer at noon‚ albeit off its intra-day lows‚ due to negative global risk sentiment.

Bonds firm after auction

2012-11-20 13:15

The South African bond market was firm in midday trade after a good weekly bond auction.

Rand weakens on US fiscal cliff fears

2012-11-15 18:27

The rand weakened as fears over the US fiscal cliff triggered safe-haven purchasing.

Bonds softer on weaker rand

2012-11-14 12:42

The South African bond market had a weaker undertone at noon after a disappointing bond auction and a softer rand.

Rand weakens on Greek uncertainty

2012-11-13 13:10

The rand weakened before noon as uncertainty in the eurozone added pressure to the euro‚ which the rand tracked softer.

Rand weakens on Greek fears

2012-11-12 18:15

The rand weakened‚ tracking the euro as uncertainty about the Greek bailout added pressure to the quiet trading environment.

 

Global market rout gathers pace

2013-06-13 10:34

World stocks were pummelled and the dollar slumped as a sell-off on global financial markets in thrall to central bank stimulus accelerated.

European stocks stable ahead of US data

2013-06-07 15:19

European stock markets have steadied and the euro slipped against the dollar ahead of an announcement on US jobs data.

Yen edges up, Asian shares rise

2013-05-20 08:25

The yen edged higher after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose.

Strong dollar hits shares; Nikkei soars

2013-05-13 08:21

Oil and gold prices fell as the dollar strengthened, weighing on Asian shares, but Japanese equities outperformed on the back of the yen's slide.

Rand stuck in two-week range vs dollar

2013-02-14 18:42

The rand firmed against the dollar, but remained in a range as investors awaited President Jacob Zuma's State of the Nation address.

Dollar firms after US fiscal cliff deal

2013-01-03 07:43

The dollar firmed after the US Congress struck a last-minute fiscal deal to avoid most of the punishing tax hikes that could have jolted the economy back into recession.

Asian shares rise, dollar eyes Fed news

2012-12-12 07:52

Asian shares rose buoyed by strength in global equities markets, firmer economic sentiment in Germany and hopes of a deal from US budget talks.

Zanu PF calls for return of Zim dollar

2012-12-10 19:45

Former ruling party Zanu PF has called for the re-introduction of the Zimbabwean dollar, with the currency being linked to the rand among other options.

Rand strengthens on US fiscal hopes

2012-12-07 16:34

The rand strengthened after renewed hopes that the biggest economy in the world will avert the fiscal cliff.

Rand remains strong on firm euro

2012-12-03 18:36

The rand remained strong in afternoon trade on a firm euro.

Rand slides after poor trade data

2012-11-30 19:12

The rand lost ground against major currencies in late trade after the release of disappointing domestic trade data‚ wiping off all its gains of the week.

Rand off intraday highs on local data

2012-11-29 19:20

The rand retraced some of its morning gains‚ after gaining value due to rumours that the US had possibly come to an agreement to avoid the US fiscal cliff.

Rand shrugs off weak GDP figure

2012-11-27 13:04

The rand was a little stronger at noon after shrugging off the weak local GDP figure as a soft number was expected.

Rand firms in quiet market

2012-11-23 17:45

The rand gained further ground against leading currencies in late trade‚ breaking below R8.90/$‚ tracking a firmer euro.

Rand, bonds firm after rate unchanged

2012-11-22 15:54

The rand and government bonds firmed slightly after the central bank kept rates at 5% as expected.

Rand falls on euro woes

2012-11-21 17:06

The rand fell more than 1.8% against the dollar, reaching its softest level in more than three and a half years.

Rand weaker on Moody’s downgrade

2012-11-20 13:17

The rand was softer at noon after France was downgraded by Moody’s.

Rand claws back some lost ground

2012-11-19 19:50

The rand was on a firmer footing in late trade‚ recovering from last week’s weaker levels‚ which saw the local currency flirting with the R9/$ dollar mark.

Rand flat after bond auction

2012-11-16 13:43

The rand was flat before noon after a surge in foreign purchasing in the South African bond market offered some relief for local forex traders.

Bonds steepen after switch auction

2012-11-15 12:47

The bond curve steepened in quiet midday trade after the switch auction‚ which saw the national treasury switch R1bn of R209 into R186 bonds.

Rand weakens on negative sentiment

2012-11-14 12:39

The rand weakened before noon as international traders fear the spread of ongoing unrest in SA into other sectors of the economy.

Bonds mixed in quiet trade

2012-11-12 18:19

The SA bond market was mixed across the yield curve in muted afternoon trade.

Rand weakens on data worries

2012-11-08 17:40

The rand weakened as traders reacted to disappointing local data and worries that the EU was sliding further into recession.

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