Currency News

Daily Exchange Rate Forecasts & Currency News

South African Rand forecast - zar south african rand rand

A round up of the latest South African Rand forecast news items from the Currency News desk.

GBP ZAR Exchange Rate Rallies after Protests Fail to Eject Zuma

13 Apr 2017 at 11 AM - Written by Ben Hughes

The GBP ZAR exchange rate has begun to recover this morning after plummeting over the last 24 hours following mass protests South Africa’s capital Pretoria on Wednesday as protestors called on President Jacob Zuma to quit. Pound South African Rand (GBP ZAR) Recovers after Mass Protests The Pound South African Rand (GBP ZAR) exchange...

CATEGORIES: South African Rand Forecasts

GBP to ZAR Exchange Rate Surges as South Africa’s Controversial Leader Holds Role

5 Apr 2017 at 12 PM - Written by Ben Hughes

The British Pound to South African Rand exchange rate continued to edge higher on Thursday afternoon and tested the week’s highest levels. Despite the Pound weakening as the services PMI rally faded, it was still able to gain on the weak South African Rand. However, according to a Thursday Reuters poll, analysts believe the Rand will...

CATEGORIES: Currency Predictions South African Rand Forecasts

UK, US Meeting Ahead, GBP/ZAR Rate Falls

27 Jan 2017 at 12 PM - Written by John Cameron

Sterling Rand Demand Takes a Hit on Data-Deficient Day for UK Economy The Pound has recorded heavy losses in the GBP ZAR exchange rate today, falling by -0.4% in the pairing due to waning confidence in the UK’s economic future. Although UK Prime Minister Theresa May has recently been in the US promoting the UK-US ‘special...

CATEGORIES: Daily Currency Updates South African Rand Forecasts

South African Rand Exchange Rate Forecast Falls on WTO Report

28 Sep 2016 at 9 AM - Written by John Cameron

The Pound Sterling (currency : GBP) was hit hard in the early part of the week following comments from the European Union’s finance ministers suggesting that post-Brexit Britain will not be permitted to access the single market unless she signs up for freedom of movement of labour. The prospect of the UK losing its free trade status with...

CATEGORIES: South African Rand Forecasts

GBP ZAR and GBP EUR Exchange Rate Forecasts Improve

24 Aug 2016 at 2 PM - Written by Tim Boyer

Gains for Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Following Alleged Arrest The Pound Sterling (currency : GBP) has jumped in value against the South African Rand (currency : ZAR) following the emergence of a dramatic overnight news story on the South African wires. Reports suggest that South African Finance...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Euro Forecasts Pound Sterling Forecasts South African Rand Forecasts

OECD Brexit Report Hurt Pound Sterling (GBP) Forecast Yesterday

1 Jun 2016 at 1 PM - Written by John Cameron

The Pound dipped notably yesterday, although it has managed to appreciate today on account of a Labour speech supporting the 'Remain' vote. The situation remains grim for Sterling, which has to rely on a triple-positive in PMI data over Thursday and Friday if it is to have any hope of recovering before the weekend. Shinzo Abe...

CATEGORIES: Australian Dollar Forecasts New Zealand Dollar Forecasts Pound Sterling Forecasts South African Rand Forecasts

Could GBP Forecast Fall vs CAD NOK AUD NZD and ZAR on New Commodities Supercycle?

13 Apr 2016 at 1 PM - Written by Minesh Chaudhari

Commodity Currencies Rally, AUD, NZD, ZAR, NOK Trending Higher The price of a barrel of Brent Crude Oil struck its highest level this year during the latter part of yesterday’s European equities session. The shift back into ‘Black Gold’ by institutional investors was driven by increased expectations that several of the world’s...

CATEGORIES: Currency Predictions Pound Norwegian Krone Forecasts Pound Sterling Forecasts South African Rand Forecasts

Oil Forecast to Fall, Dragging Canadian Dollar (currency : CAD) & Norwegian Krone (currency : NOK) With It

2 Mar 2016 at 4 PM - Written by John Cameron

Oil Prices Predicted to Dive after US Inventories Eclipse Estimates Official data from the Energy Information Administration (EIA), published yesterday afternoon, is forecast to radically altered the landscape of the global currency markets into the medium term. The EIA figures revealed that US oil stocks had grown for the third week on...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts New Zealand Dollar Forecasts Norwegian Krone Forecasts Pound Sterling Forecasts South African Rand Forecasts

World Share Markets Tumble: AUD, NZD, ZAR Forecast Falls

11 Feb 2016 at 5 PM - Written by David Woodsmith

Dramatic Currency Market Exchange Rate Movement Seen Today Today’s session has brought dramatic movement in the global equities and currency markets, with banks and financial institutions hit particularly hard, as evidenced by the sharp shift higher in the value of the VIX ‘Fear Index’. VIX ended yesterday’s session at 26.29, but...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound Australian Dollar Forecasts South African Rand Forecasts

Current Currency Forecast for Euro (EUR), British Pound Sterling (GBP), South African Rand (ZAR) and US Dollar (USD)

1 Feb 2016 at 1 PM - Written by David Woodsmith

Euro (EUR) Exchange Rate Outlook Neutral to Negative The EURO (currency : EUR) was buoyed by Friday’s news that the French economy grew at its fastest pace for four years during 2015. France’s Finance Minister Michel Sapin described last year as the ‘year of recovery’ and forecast that domestic GDP expansion would gain traction...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Sterling Forecasts South African Rand Forecasts