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Daily Forex Market Wrap 2019-07-18

Daily Forex Market Wrap 2019-07-18

The ZAR has been trading stronger since the MPC announcement that interest rates will be sliced by 25bps and that the repo rate will be at...

Today's forex view 2019-07-17

Today's forex view 2019-07-17

A strong US Retail sales number which lowered market expectations of aggressive Fed rate cuts saw the Dollar rebound against the major currencies as well as...

Daily Forex Market Wrap 2019-07-17

Daily Forex Market Wrap 2019-07-17

A rather unremarkable day for the Rand, as the Rand traded in a 5 cent range for the day. The Rand tried and failed to break...

Today's forex view 2019-07-16

Today's forex view 2019-07-16

Markets continue to mark time as they wait to see if and by how much the Fed will cut rates later this month. The trade talks...

Daily Forex Market Wrap 2019-07-16

Daily Forex Market Wrap 2019-07-16

The day began with the ZAR hovering around the low 13.90's and during the morning session, the pair traded lower to test 13.85 mark once again....

Daily Forex Market Wrap 2019-07-15

Daily Forex Market Wrap 2019-07-15

It was fairly lacklustre day in the market today, with the Rand edging toward the key R13.8500 level, after starting the day at R13.9500, but again...

Today's forex view 2019-07-15

Today's forex view 2019-07-15

The DXY Dollar index is unchanged this morning with the Euro at 1.1272 and Pound at 1.2567, still entrenched in the recent trading ranges.The Pound is...

Daily Forex Market Wrap 2019-07-13

Daily Forex Market Wrap 2019-07-13

We have seen a stronger US dollar this afternoon after the release of the Producer Price Index rose a seasonally adjusted 0.1% in June from a...

Today's forex view 2019-07-12

Today's forex view 2019-07-12

The Dollar managed to recover some ground last night after having traded on the back foot for most of yesterday on the dovish Fed. The US...

Daily Forex Market Wrap 2019-07-11

Daily Forex Market Wrap 2019-07-11

The ZAR traded down to 13.87 in an event filled day as investors hunt for higher yield and the Eskom headline about a possible debt restructuring...

Today's forex view 2019-07-11

Today's forex view 2019-07-11

Fed Chairman Jerome Powell signalled that the Fed could be cutting interest rates soon as uncertainties over the US economic outlook continue. In testimony to Congress...

Today's forex view 2019-07-10

Today's forex view 2019-07-10

Markets remain in a state of flux as they await the release of the FOMC minutes and Powell's testimony to Congress which starts today. The Dollar...

Daily Forex Market Wrap 2019-07-10

Daily Forex Market Wrap 2019-07-10

The Rand stayed in a very tight range up until the opening of the US markets, when comments from Fed Chairman Jerome Powell that the US...

Daily Market Wrap 2019-07-09

Daily Market Wrap 2019-07-09

The ZAR has remained in the same range over the past couple of days as markets wait upon the Fed to release their minutes of the...

What are we waking up to today? 2019-07-09

What are we waking up to today? 2019-07-09

What are we waking up to today? The Dollar is back in favour at the moment as markets contemplate less aggressive rate cuts by the Fed....

Daily Market Wrap 2019-07-08

Daily Market Wrap 2019-07-08

The Rand has held firm despite the US dollar being on the front foot after Friday's US non-farm print. The Rand has pushed a little stronger...

What are we waking up to today? 2019-07-08

What are we waking up to today? 2019-07-08

What are we waking up to today? Friday's US payrolls data, which surprised on the upside, pushed the Dollar up, pushed stock markets down and pushed...

Daily Market Wrap 2019-07-05

Daily Market Wrap 2019-07-05

Quite an interesting day we had with the Rand as the sentiment swings in the EM currency space and the Rand traded up to R14.2400. The...