South African Rand forecast page 3 - zar south african rand rand

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

Today’s Currency Rate Predictions For The Pound Sterling, Euro, US Dollar and South African Rand

24 Aug 2012 at 4 PM - Written by Toni Johnson

This morning’s latest UK GDP Q2 data brought an upward revision from -0.7% to -0.5%. However, the POUND STERLING struggled to make up any ground on the day, because the upward revision was expected. The overall impression which market participants have taken from the release is that the British Coalition’s austerity measures are hurting,...

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

Pound To Euro Exchange Rate Gains In Spite Of BoE Growth Downgrade

8 Aug 2012 at 6 PM - Written by Toni Johnson

Not for the first time, today’s session has seen the Bank of England stick the knife into the POUND STERLING. Governor Mervyn King announced that he expects the UK economy to show zero growth for 2012 – the Bank’s previous estimate was for a 0.8% expansion in Britain’s economy this year. There was bad news in several other major...

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

Pound To Dollar Exchange Rate Under Threat As Standard Chartered Shares Slump

7 Aug 2012 at 10 AM - Written by James Fuller

As this morning’s European session gets underway, yesterday’s positive performance in the world’s share markets could be cancelled out following revelations regarding giant UK-based bank Standard Chartered, which broke overnight. It is alleged by the New York State Department of Financial Services that the British behemoth has colluded...

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

Rand to Pound Exchange Rate Outlook - Pound Sterling Steady Decline Against South African Rand

27 Jul 2012 at 12 PM - Written by Minesh Chaudhari

Last week the Pound Sterling followed a steady decline against the South African Rand from 12.8772 to a weekly low of 12.7410. The Pound was hurt as a series of events conspired to weaken Sterling sentiment. The headline UK CPI inflation figure declined from 2.8% to 2.4% in June which gave investors the impression that the Bank of England may...

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

Pound Euro Exchange Rate Hits a 3 1/2 Year High as US Job Figures Dissapoint

6 Jul 2012 at 7 PM - Written by Ben Hughes

The Pound to Euro exchange rate has hit a three and a half year high after the release of worse than expected US job figures. The figures raised fears that the global economy is suffering a slowdown and caused investors already worried about the Eurozone to cut their losses and their risk to exposure. The steep fall of the Euro against...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dollar Forecasts Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Australian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound New Zealand Dollar Forecasts Pound Rand Forecasts Pound Sterling Forecasts Pound Yen Forecasts South African Rand Forecasts

Rand Improves On Positive Euro Sentiment – Pound To Dollar Rate Edges Up

14 Jun 2012 at 6 PM - Written by Tim Boyer

A packed day of data of global data releases saw European stocks suffer, whilst their North American counterparts registered healthy gains. Higher than anticipated US CPI Inflation figures, released earlier, showed an annualised increase of 2.3% - this was ahead of analysts’ expectations of a 2.2% rise. The fact that US price rises remain...

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

South African Rand Supported By Reserve Bank’s Decision To Hold Domestic Interest Rates, Euro Still In Trouble

24 May 2012 at 6 PM - Written by Toni Johnson

Britain continued to give the impression that it is an economy under pressure during today’s session, as the latest Q1 GDP growth estimate was revised downwards from -0.2% to a worryingly weak -0.3%. The only factor stopping the Pound loose more ground than it did on the day was that other economies have even greater problems. That’s...

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

Australian and New Zealand Dollars Weaken Again As Bank of England Slashes UK Growth Forecast

17 May 2012 at 9 AM - Written by Minesh Chaudhari

The Bank of England Governor Mervyn King called an instant halt to the Pound’s recent bull-run in the currency markets during yesterday’s session, when he announced that the Bank was slashing its UK growth forecast for 2012 by a third, from the previous 1.2% to a paltry 0.8%. King blamed the announcement on the threat to the British...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts Euro Pound Forecasts New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound Euro Forecasts Pound New Zealand Dollar Forecasts Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts

Pound Euro Exchange Rate Breaches 1.2500 For First Time Since 2008 As Greek Debt Fears Heighten

15 May 2012 at 9 AM - Written by David Woodsmith

The ongoing soap opera which is the Greek debt crisis took several twists and turns during yesterday’s session in the markets. The most significant development on the day came in the form of an announcement from the leaders of the ‘socialist light’ Democratic Left party which revealed that they would not enter into any coalition...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts Euro Pound Forecasts New Zealand Dollar Forecasts Pound Euro Forecasts Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts

Pound Australian Dollar and Pound New Zealand Dollar Rates Could Dip As China Loosens Monetary Policy

14 May 2012 at 9 AM - Written by John Cameron

Friday’s Asian session saw the release of data which provided further evidence that the Chinese economy is expanding at a slower pace. The annualised Industrial Production figure registered at 9.3%, versus an anticipated 12.2%. This showing was the lowest level that Chinese industrial output had expended by for some three years. Chinese...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Daily Currency Updates New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound Canadian Dollar Forecasts Pound New Zealand Dollar Forecasts Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts