South African Rand Forecast Directory - Page #19
A round up of the latest South African Rand forecast news items from the Currency News desk.
GBP ZAR Exchange Rate Tight on Zuma Questioning
16 Mar 2017 at 4 PM - Written by Toni Johnson
STORY LINK GBP ZAR Exchange Rate Tight on Zuma Questioning
The British Pound to South African Rand exchange rate held above weekly lows towards the end of the week’s European session, but still looked to record losses this week and end the week near lows not seen since 2013.
Analysts are becoming increasingly optimistic on the Rand outlook and risk measures on the currency have been consistently...
CATEGORIES: Daily Currency Updates Pound Rand Forecasts
GBP ZAR Exchange Rate Boosted by Market Risk Aversion
8 Mar 2017 at 5 PM - Written by Tim Boyer
STORY LINK GBP ZAR Exchange Rate Boosted by Market Risk Aversion
The British Pound to South African Dollar exchange rate surged on Thursday afternoon. Demand for emerging market currencies like the Rand faded on Thursday as traders increasingly anticipated Friday’s US Non-Farm Payroll figures.
If the February US employment data impresses investors, more investors will become confidence that the...
CATEGORIES: Pound Rand Forecasts
GBP ZAR Exchange Rate Falls as Brexit Bill Expected to Pass Through Parliament
31 Jan 2017 at 2 PM - Written by Ben Hughes
STORY LINK GBP ZAR Exchange Rate Falls as Brexit Bill Expected to Pass Through Parliament
The British Pound to South African Rand exchange rate continued to test the day’s best levels throughout most of Wednesday afternoon.
As South African’s own manufacturing PMI from Barclays had unexpectedly risen above the 50 contraction point for the first time in a while, the Pound’s gains against the Rand were...
CATEGORIES: Pound Rand Forecasts
UK, US Meeting Ahead, GBP/ZAR Rate Falls
27 Jan 2017 at 12 PM - Written by John Cameron
STORY LINK UK, US Meeting Ahead, GBP/ZAR Rate Falls
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
Rising Gold Prices Support ZAR, Pound South African Rand Exchange Rate Dips
17 Jan 2017 at 11 AM - Written by Minesh Chaudhari
STORY LINK Rising Gold Prices Support ZAR, Pound South African Rand Exchange Rate Dips
The Pound to South African Rand exchange rate trended near its worst daily levels on Wednesday afternoon but remained well above the week’s opening levels.
The South African Rand failed to capitalise on the weaker Pound throughout the day due to limited demand for risky emerging market currencies ahead of Donald Trump’s upcoming...
CATEGORIES: Pound Rand Forecasts
Pound Sterling (GBP) to South African Rand (ZAR) Fluctuates near Weekly Lows
22 Dec 2016 at 12 PM - Written by Minesh Chaudhari
STORY LINK Pound Sterling (GBP) to South African Rand (ZAR) Fluctuates near Weekly Lows
The Pound to South African Rand exchange rate fell on Tuesday and has fluctuated near its worst weekly levels since then. Due to a lack of fresh supportive factors for the Pound, investors have seen little reason to buy it this week.
GBP/ZAR began the week trending at 17.48 and on Tuesday dropped into the region of 17.20. Despite some...
CATEGORIES: Pound Rand Forecasts
South African Rand Exchange Rate Forecast Falls on WTO Report
28 Sep 2016 at 9 AM - Written by John Cameron
STORY LINK South African Rand Exchange Rate Forecast Falls on WTO Report
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