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Zuma's reshuffle, higher CPI knock rand

Oct 18 2017 18:04

The rand lost over 1% of its value against the dollar as international investors reacted to the news of President Jacob Zuma’s surprise Cabinet changes and as inflation accelerated to 5.5%.


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

Oct 17 2017 11:04

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


Pound holds weekly gain as pricing for BoE rate increase climbs

Oct 13 2017 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.


Dollar snaps four-week rally as stocks consolidate

Oct 13 2017 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.


Rand will rebound against dollar by end of 2017 - analysts

Oct 11 2017 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.


Euro holds gains on Catalonia speech, Asia markets rally

Oct 11 2017 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.

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