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Currencies

Currencies

Pound slips as Johnson's victory revives anxiety around Brexit

Jul 23 2019 15:38

Sterling fell for a third day after Boris Johnson, who has vowed to march the UK out of the EU with or without a deal by October 31, won the contest to beat rival Jeremy Hunt by a landslide.

Currencies

Rand weakens on the back of Eskom bail out

Jul 23 2019 12:52

The rand weakened after Finance Minister Tito Mboweni’s comments on Eskom's bail out, declining as much as 0.6% to R13.9499 against the dollar, while yields on government bonds due 2030 climbed the most in six weeks.

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Currencies

Politics fails to dent rand as traders look to Fed

Jul 22 2019 12:28

SA's recent political ructions have proved to be just noise for rand traders, which has gained almost 3% over the past month.

Currencies

Rand strengthens to below R14/$ for first time since April

Jul 04 2019 10:19

Andre Botha, a senior dealer at TreasuryONE, said in a morning note to clients that the rand's strength could be linked to talk about rate cuts in the US and the EU.

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