South African Rand_1210

The South African rand remained fairly stable despite the US election led volatility just yesterday. USDZAR hit a 52-week low falling to 13.171 before managing to bounce back up and is seen currently trading at 13.448. The price level around 13.475 region has been a strong support level as noted a few weeks ago and the USDZAR has, in fact, rema...

2016-11-10 John Benjamin Read more

Market Summary Germany’s Q2 GDP confirmed at 0.40%, slower than first quarter Weaker sterling gives a boost to British manufacturers ZAR falls as South Africa’s finance minister faces investigation BBA: UK mortgage approvals rise in the first month after Brexit Today’s Economic events Australia construction work done q/...

2016-08-24 John Benjamin Read more