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Currencies

Currencies

Rand firms to 8-month high on trade surplus

Jul 29 2016 15:44

The rand has raced to a more than eight-month high against the dollar, breaching the R14.00 mark due to data showing the fourth straight monthly trade surplus in June.

Currencies

Pound set for decline as markets brace for BoE cut

Jul 29 2016 13:00

The pound is on course for a third monthly decline as investors anticipate monetary-policy easing from the Bank of England.

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Currencies

Yield players could push rand below R14/$ - analyst

Jul 29 2016 10:38

The reasons for buying the rand on its own merit are not there, but yield players could push it through R14/$ after Bank of Japan announced more monetary policy stimulus plans.

Currencies

Yen soars, Asia stocks hit as Bank of Japan frustrates

Jul 29 2016 07:44

The yen has soared and Asian stock markets slipped as the Bank of Japan's small adjustments to its stimulus programme disappointed traders who expected a big boost.

Currencies

Dollar declines on Fed outlook as S&P 500 futures, Facebook gain

Jul 28 2016 13:46

European and Asian currency markets have reacted to signals from the Federal Reserve that it will maintain a gradual approach to raising interest rates.

Currencies

US Fed stance boosts rand ahead of SA jobs stats

Jul 28 2016 09:04

The rand was on the cusp of breaking through the R14.20/$ ceiling after the US Fed said it was not going to hike its fed funds target range on Wednesday.

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