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South African Rand Forecast Directory - Page #5

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

GBP to ZAR Exchange Rate Tumbles Again as Risky Currencies Claw Back Losses

22 Sep 2020 at 4 PM - Written by Tim Boyer

STORY LINK GBP to ZAR Exchange Rate Tumbles Again as Risky Currencies Claw Back Losses

The British Pound to South African Rand (GBP/ZAR) exchange rate saw a jump in demand yesterday, despite the Pound’s broad weakness on fears of a second coronavirus lockdown. This was due to market risk-aversion leading to a Rand plummet, but as markets calmed slightly today the South African Rand has been clawing back some of its...

CATEGORIES: Pound Rand Forecasts

Near 2-Month-Worst for GBP to ZAR Exchange Rate after BoE and SARB Decisions

18 Sep 2020 at 2 PM - Written by Ben Hughes

STORY LINK Near 2-Month-Worst for GBP to ZAR Exchange Rate after BoE and SARB Decisions

Despite a lack of strong South African data lately, the South African Rand has been one of the best performing major currencies in recent weeks and the British Pound to South African Rand (GBP/ZAR) exchange rate has been trending lower. Sterling has been attempting to rebound on Brexit hopes, but the pair’s movement has been dominated by...

CATEGORIES: Pound Rand Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Steady as South African Retail Sales Fall More Than Expected

16 Sep 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to South African Rand (GBP/ZAR) Exchange Rate Steady as South African Retail Sales Fall More Than Expected

GBP/ZAR Exchange Rate Rangebound as Covid-19 Vaccine Hopes Buoy Rand The Pound to South African Rand (GBP/ZAR) exchange rate held steady today, with the pairing currently fluctuating around R21.208. The South African Rand (ZAR) failed to rise against Sterling today following a worse-than-expected South African Retail Sales report for...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Shakes off Stronger SA Manufacturing Production

11 Sep 2020 at 12 PM - Written by Frank Davies

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Shakes off Stronger SA Manufacturing Production

Improved Manufacturing Production Not Enough to Dent Pound South African Rand Exchange Rate Stronger-than-expected South African manufacturing production figures were not enough to keep the Pound Sterling to South African Rand (GBP/ZAR) exchange rate from pushing higher on Thursday. While monthly production saw another solid uptick on...

CATEGORIES: Pound Rand Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Steady as South African Economy Suffers From Strict Covid-19 Lockdowns

7 Sep 2020 at 3 PM - Written by John Cameron

STORY LINK Pound to South African Rand (GBP/ZAR) Exchange Rate Steady as South African Economy Suffers From Strict Covid-19 Lockdowns

GBP/ZAR Exchange Rate Rangebound as Analysts Expect ‘Very Big’ Contraction for South African Economy The Pound to South African Rand (GBP/ZAR) exchange rate held steady today, with the pairing currently trading around R22.022. The South African Rand (ZAR) suffered today following reports that the South African economy could have...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP to ZAR Exchange Rate Rebounds Again as Risk-On Rally Short-Lived

2 Sep 2020 at 4 PM - Written by Ben Hughes

STORY LINK GBP to ZAR Exchange Rate Rebounds Again as Risk-On Rally Short-Lived

After falling back from its best levels yesterday, the British Pound to South African Rand (GBP/ZAR) exchange rate is once again rebounding today. Markets have little reason to keep buying the Pound, but it has been able to gain against risk-correlated rivals as investors adjust positions on riskier assets in recent sessions. The South...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Pushed to Weekly Lows as South Africa Lockdowns Unwound

19 Aug 2020 at 4 PM - Written by Ben Hughes

STORY LINK GBP to ZAR Exchange Rate Pushed to Weekly Lows as South Africa Lockdowns Unwound

Despite some stronger than expected UK data today, the British Pound to South African Rand (GBP/ZAR) exchange rate has spent most of the day slumping. Investors are returning to the South African Rand despite mixed market risk-sentiment, due to hopes that South Africa is reopening from its strict lockdown measures. Investors are also hesitant...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Slips Back from 3-Month-Highs amid Poor UK Data

11 Aug 2020 at 5 PM - Written by Ben Hughes

STORY LINK GBP to ZAR Exchange Rate Slips Back from 3-Month-Highs amid Poor UK Data

After another advance attempt at the beginning of the week, the British Pound to South African Rand (GBP/ZAR) exchange rate slipped back today. Investors were hesitant to keep buying the pair higher amid a lack of strong support for the Pound outlook, but the South African Rand remained overall unappealing due to global concerns about the...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Near 3-Month-Best as Risk-Aversion Keeps Rand Rattled

4 Aug 2020 at 3 PM - Written by Tim Boyer

STORY LINK GBP to ZAR Exchange Rate Near 3-Month-Best as Risk-Aversion Keeps Rand Rattled

While market demand for the Pound has softened so far this week, the British Pound to South African Rand (GBP/ZAR) exchange rate continues to climb. Investors are selling the risk and emerging market correlated South African Rand as global coronavirus ‘second wave’ fears intensify and more major economies are showing signs of being hit...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Hits 2-Month-Best as ‘Second Wave’ Coronavirus Signs Worsen

30 Jul 2020 at 4 PM - Written by Tim Boyer

STORY LINK GBP to ZAR Exchange Rate Hits 2-Month-Best as ‘Second Wave’ Coronavirus Signs Worsen

While a dovish Federal Reserve would normally lead to higher demand for currencies correlated with risk, the British Pound to South African Rand (GBP/ZAR) exchange rate has jumped even higher today after spending much of this week holding its ground and edging up. The Pound outlook remains filled with uncertainties, but the risky emerging...

CATEGORIES: Pound Rand Forecasts

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