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South African Rand Forecast Directory - Page #9

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

GBP to ZAR Exchange Rate Climbs on Poor South African Data Ahead of South African Reserve Bank

16 Jan 2020 at 11 AM - Written by Tim Boyer

STORY LINK GBP to ZAR Exchange Rate Climbs on Poor South African Data Ahead of South African Reserve Bank

Despite rising Bank of England (BoE) interest rate cut bets and higher market demand for currencies correlated to trade and risk, the British Pound to South African Rand (GBP/ZAR) exchange rate has recovered to above the week’s opening levels today. The Pound is steadying ahead of tomorrow’s key UK retail sales report, while the South...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Struggles to Hold Gains as Risk Sentiment Returns

8 Jan 2020 at 3 PM - Written by Tim Boyer

STORY LINK GBP to ZAR Exchange Rate Struggles to Hold Gains as Risk Sentiment Returns

Despite UK data being generally supportive and South African data being weak, the British Pound to South African Rand (GBP/ZAR) exchange rate has fallen back from weekly highs today and is struggling to continue trending with an upside bias. The Pound is seeing mixed demand as uncertainty worsens over the Brexit transition period, while the...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Hits 3-Month-Worst amid Brexit Fears and Rand Rally

20 Dec 2019 at 12 PM - Written by Tim Boyer

STORY LINK GBP to ZAR Exchange Rate Hits 3-Month-Worst amid Brexit Fears and Rand Rally

Despite a lack of notable South African data this week, the South African Rand has seen a generally strong performance due to the global market outlook and this has helped it to easily capitalise against a broadly weak Pound, pushing the British Pound to South African Rand (GBP/ZAR) exchange rate to its worst levels in months. The biggest...

CATEGORIES: South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Slumps as UK Data Lacks ‘Festive Cheer’

16 Dec 2019 at 4 PM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Slumps as UK Data Lacks ‘Festive Cheer’

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slips as Investors Fear BoE Cut The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped, leaving the pairing trading at around R19.2154. Sterling edged higher against a handful of currencies on Monday, boosted by last week’s general election results. Following...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Flat Ahead of Next Week’s ‘Already-Volatile Cocktail’

6 Dec 2019 at 11 AM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Flat Ahead of Next Week’s ‘Already-Volatile Cocktail’

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Flat after GBP’s Three-Day Rally The Pound Sterling South African Rand (GBP/ZAR) exchange rate was remained flat on Friday morning, leaving the pairing trading at around R19.2375. At the end of the week, Sterling edged lower against the Rand after its recent rally sparked by...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rallies on UK Election Optimism

5 Dec 2019 at 12 PM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Rallies on UK Election Optimism

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Reaches One-Month High The Pound Sterling South African Rand (GBP/ZAR) exchange rate rallied on Thursday morning as UK election optimism increased. The pairing is currently trading at around R19.2307. The Pound was provided with a further boost as optimism the Conservative Party...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Surges as South African Growth Unexpectedly Contracts in Q3

3 Dec 2019 at 3 PM - Written by James Fuller

STORY LINK GBP to ZAR Exchange Rate Surges as South African Growth Unexpectedly Contracts in Q3

After sliding throughout yesterday’s session and touching lows not seen in almost a month, the British Pound to South African Rand (GBP/ZAR) exchange rate rebounded this morning and saw a surge in demand. This has been due to both a surprisingly good UK poll for the ruling Conservative Party, as well as some highly concerning developments...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Slides as South African Trade Delivers Surprise Surplus

29 Nov 2019 at 2 PM - Written by Frank Davies

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Slides as South African Trade Delivers Surprise Surplus

Stronger South African Trade Dents Pound Sterling South African Rand (GBP/ZAR) Exchange Rate The Pound Sterling to South African Rand (GBP/ZAR) exchange rate saw a sharp slump ahead of the weekend after a better-than-expected South African balance of trade. As the trade balance only narrowed to 3.09 billion, rather than falling into a...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Avoids Major Losses amid Emerging Market Weakness

26 Nov 2019 at 3 PM - Written by Ben Hughes

STORY LINK GBP to ZAR Exchange Rate Avoids Major Losses amid Emerging Market Weakness

The latest US-China trade optimism has been unable to offer much support to trade-correlated currencies like the South African Rand that are more correlated with emerging market movement, and as a result the British Pound to South African Rand (GBP/ZAR) exchange rate has only seen limited losses today. The Pound was tumbling against most...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Plummets as Xi Jinping Comments Boost Risk Appetite

22 Nov 2019 at 11 AM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Plummets as Xi Jinping Comments Boost Risk Appetite

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate as Investors Looked for US-China Trade Progress The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.6% at the end of the week, leaving the pairing trading at around R18.8420. The South African Rand rallied against the Pound on Friday despite...

CATEGORIES: Pound Rand Forecasts

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