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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 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

GBP ZAR Exchange Rate Tight on Zuma Questioning

16 Mar 2017 at 4 PM - Written by Toni Johnson

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

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 Trends Narrowly Ahead of Zuma State of the Nation Address

8 Feb 2017 at 4 PM - Written by Ben Hughes

The British Pound to South African Rand exchange rate flattened on Thursday afternoon, slumping from its weekly highs due to lower Bank of England (BoE) tightening bets. Investors became less optimistic about the foreseeable future of UK monetary policy once it emerged that BoE hawk Kristin Forbes was stepping down from the Monetary Policy...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts

GBP ZAR Exchange Rate Falls as Brexit Bill Expected to Pass Through Parliament

31 Jan 2017 at 2 PM - Written by Ben Hughes

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

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

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

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

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

Decidedly Mixed Outlook for South African Rand ZAR

15 Dec 2015 at 6 AM - Written by Minesh Chaudhari

GBP to ZAR Exchange Rate Broke Through 24.0000 Last Week The South African Rand (currency : ZAR) endured the ‘session from hell’ last week as a combination of domestic political turmoil and the continued slump in global commodities prices sent the Pound Sterling Rand exchange rate spiralling through the 24.0000 GBP ZAR threshold for...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts