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Currencies

Dollar edges lower as market awaits Yellen speech

Aug 25 2016 08:57

The dollar has barely moved ahead of a speech by Federal Reserve boss Janet Yellen that could shed light on whether a 2016 rate hike is still on the cards.

    Currencies

    Gordhan’s Hawks response halts rand plunge

    Aug 25 2016 08:51

    Finance Minister Pravin Gordhan’s response to the Hawks directive has helped the rand ease off its decline, but the unit is heading for trouble if he is arrested or fired.

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    Currencies

    Rand takes beating as Gordhan drama deepens

    Aug 24 2016 18:28

    On a day dominated by the continued unfolding of the drama between Finance Minister Pravin Gordhan and the Hawks, the rand appears to have been one of the victims.

    Currencies

    Pound rises to 3-wk high on post-Brexit economy

    Aug 24 2016 14:04

    The pound has risen to a three-week high as data continued to suggest the UK economy is proving resilient to the Brexit vote.

    Currencies

    Dollar rises as markets await Fed chair speech

    Aug 24 2016 07:35

    The dollar has risen with the Fed's policy plans in focus, while the South Korean won fell after the North tested a submarine-launched missile.

    Currencies

    Hawks move on Gordhan unravels all rand’s good work

    Aug 24 2016 08:53

    The rand broke through the R14/$-level at the close of business in New York, but has returned to R13.93/$ on news that Finance Minister Pravin Gordhan has to report to the Hawks.

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